DATA - All Single Tax Filers

Employee A earned $35,700 for the year (2020).

Employee B earned $75,700 for the year (2020).

Employee C earned $199,000 for the year (2020).

Employee D earned $224,600 for the year (2020).

Problems:		(Show all calculations)
1.Calculate the employee's social security tax for the year.
2.Calculate the employee's medicare tax for the year.
3.Calculate the employer's matching amount for both Social Security and Medicare for each employee.

Problem 1. Social Security Tax

Problem 2. Medicare Tax

Problem 3. Employer's Matching

Employee A

Employee B

Employee C

Employee D

0.000

$ -

Social Security

$ -

$ -

Medicare