If Al Bundys Year-to-Date (YTD) or cumulative earnings are $127,500 and he receives a Christmas Bonus of $2000 how much will be taken out of
If Al Bundys Year-to-Date (YTD) or cumulative earnings are $127,500 and he receives a Christmas Bonus of $2000 how much will be taken out of his current check for social security (given the maximum for social security = 6.2 % with a cap of $128,400)?
Group of answer choices
$124.00
$55.80
$7,905.00
$7,906.80
this cannot be computed
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Authors: John J. Wild, Vernon J. Richardson, Ken W. Shaw
2nd Edition
0077398173, 978-0077398170
