Dr$.$ Josef Young earns an adjusted gross weekly income of $$2,568.$ How much Social Security tax should be withheld the first week of the year? How

much Medicare tax should be withheld? The Social Security tax rate is $6\mathrm{.}2\%$ from earnings to be taxed to a maximum annual wage of $$147,000.$ The

Medicare tax rate is $1\mathrm{.}45\%$ from all earnings to a maximum annual wage of $$200,000.$

The Social Security tax is $