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Medicare tax is 1.45% Ruestion 23 Family Flowers employs 17 people, of whom 12 earn gross pay of S640 each and 5 earn gross pay
Medicare tax is 1.45%
Ruestion 23 Family Flowers employs 17 people, of whom 12 earn gross pay of S640 each and 5 earn gross pay of $720 each on a weekly basis. What is the employer's share of total social security and Medicare taxes for the first quarter of the year? (Social security tax is 6.2% of wages up to $117,000. Medicare O $11,360.06 $13,206.96 O $11.217.96 O $11.058.84Step by Step Solution
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