Question
John Waits owns a small shop with 4 employees. For one payroll period the total withholding tax for all employees was $1,579. The total employees'
John Waits owns a small shop with 4 employees. For one payroll period the total withholding tax for all employees was $1,579. The total employees' Social Security tax was $165 and the total employer's Social Security tax was $266. The total employees' Medicare tax was $111. How much must John deposit as the employer's share of Social Security tax and Medicare tax? What is the total tax that must be deposited? John must deposit $
The total tax that must be deposited is $ (Simplify your answers.) enter your response here. (Simplify your answer.)
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