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If the Social Security tax rate is 7.65 percent (6.2% FICA plus 1.45% Medicare) and the maximum taxable yearly earnings is $117,000, how much Social

If the Social Security tax rate is 7.65 percent (6.2% FICA plus 1.45% Medicare) and the maximum taxable yearly earnings is $117,000, how much Social Security tax would be paid by an employee earning $127,000?

A. $8,950.50

B. $9,095.50

C. $9,715.50

D.$18,910

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