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Find the Social Security tax and the Medicare tax paid by Jeff Petra for the current pay period. Assume all Jeff's earnings are subject to
Find the Social Security tax and the Medicare tax paid by
Jeff
Petra
for the current pay period. Assume all
Jeff's
earnings are subject to both taxes and that the FICA rate is 6.2% and the Medicare rate is 1.45%.
Employee | Earnings Current Pay Period | FICA @ 6.2% | Medicare @ 1.45% |
---|---|---|---|
Petra, J. | $594.81 |
What is the FICA tax deducted from
Jeff's
current gross earnings?
$nothing
(Round to the nearest cent.)
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