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-Employee HI: Plus an additional 0.9% on wages over $200,000. Also applicable to self-employed HI For federal income tax amounts, use the wage bracket tables

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-Employee HI: Plus an additional 0.9% on wages over $200,000. Also applicable to self-employed HI For federal income tax amounts, use the wage bracket tables and formulas in your book, or download and use this copy: 2022 Tax Tables.pdf Unless instructed otherwise, compute hourly rate and overtime rates as follows: 1. Carry the hourly rate and the overtime rate to 3 decimal places and then round off to 2 decimal places (round the hou rate to 2 decimal places before multiplying by one and one-half to determine the overtime rate). 2. If the third decimal place is 5 or more, round to the next higher cent. 3. If the third decimal place is less than 5 , drop the third decimal place. All of these rates, limits, and rounding rules are the same as those used in your book, that you've been using all quarter. If you'd like to downlad and print this information, click here: Spring 2023 Final Exam Tax Rates.and Limits.pdf Click Next to continue to the first computational problem. Miles earned a salary of $144,600 and his self-employment income is $36,600. Assume his employer appropriately withheld taxes from his salary What is Miles' SECA social security tax liability? Do not use dollor signs in your answer. Miles eamed a salary of $144,600 and his self-employment income is $36,600. Assume his cmployer appropriately withheld taxes from his salary. What is Miles' SECA Medicare tax liability? Do nat use dollar signs in your

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