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Jacob Turner hired Jen Hatcher as a housekeeper starting on January 2 at $765 monthly. Jacob does not withhold any federal taxes, Assume that Jen
Jacob Turner hired Jen Hatcher as a housekeeper starting on January 2 at $765 monthly. Jacob does not withhold any federal taxes, Assume that Jen is not a housekeeper for anyone else. Assume that Jacob paid $2,295 in wages for the fourth quarter of 2020. Required: a. How much in social security tax should Jacob pay? (Round your final answer to 2 decimal places.) b. How much Medicare tax should Jacob pay? (Round your final answer to 2 decimal places.) c. How much FUTA tax should Jacob pay? Amount a b Social security tax Medicare tax FUTA tax C
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