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Pat Maninen earns a gross salary of $3,000 each week. Assume a rate of 6.2% on $128,400 for Social Security and 1.45% for Medicare. a.
Pat Maninen earns a gross salary of $3,000 each week. Assume a rate of 6.2% on $128,400 for Social Security and 1.45% for Medicare. a. What are Pat's first week's deductions for Social Security and Medicare? (Round your answersto the nearest cent.) b. Will any of Pat's wages be exempt from Social Security and Medicare for the calendar year?
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