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Exam 3 (Chapters 7 - 9) 0 Help Save & Exit Submit Suppose a college football cosch makes a base salary of $2,400,000 a year
Exam 3 (Chapters 7 - 9) 0 Help Save & Exit Submit Suppose a college football cosch makes a base salary of $2,400,000 a year ( $200,000 per month). Employers are required to withhold a 62% Social Security tax up to a maximum base amount and a 1.45% Medicare tax with no maximum. Assuming the Social Security maximum base amount is $142,800, through what month will Social Security be withheld? Multiple Choice
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