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Carolyne is paid $3,000.00 biweekly. This year, to date, she has earned $23,300.00. What will be the total deduction for Social Security and Medicare taxes
Carolyne is paid $3,000.00 biweekly. This year, to date, she has earned $23,300.00. What will be the total deduction for Social Security and Medicare taxes on her next paycheck? (Social Security tax is 6.2% of gross wages up to $128,400. Medicare tax is 1.45% of all gross wages.) $229.50$244.80$260.10$267.75
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