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Lukas Douglas' filing status is married filing separately, and he has earned gross pay of $2,000. Each period he makes a 403(b) contribution of 12%
Lukas Douglas' filing status is married filing separately, and he has earned gross pay of $2,000. Each period he makes a 403(b) contribution of 12% of gross pay and contributes $75 to a cafeteria plan. His current year taxable earnings for Social Security tax and Medicare tax, to date, are $142,500. (filing separately earning threshold for medicare tax is $125,000)
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