Question
Consider gross earnings of $53,000. The standard deduction is $12,000 and itemized deduction is $9,000. Social security tax rate is 6.2%; Medicare tax rate is
Consider gross earnings of $53,000.
The standard deduction is $12,000 and itemized deduction is $9,000. Social security tax rate is 6.2%;
Medicare tax rate is 1.45%. How much is the Payroll/FICA tax?
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Fundamentals Of Multinational Finance
Authors: Michael H. Moffett, Arthur I. Stonehill, David K. Eiteman
3rd Edition
0321541642, 9780321541642
