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Samantha Rodriguez had gross earnings for the pay period ending 10/15/20X1 of $5,585. Her total gross earnings as of 9/30/20X1 were $120,100. Social Security taxes
Samantha Rodriguez had gross earnings for the pay period ending 10/15/20X1 of $5,585. Her total gross earnings as of 9/30/20X1 were $120,100. Social Security taxes are 6.2% on a maximum earnings threshold of $132,900 per year and Medicare taxes are 1.45% of all earnings. The Medicare tax due by her employer from her 10/15/20X1 paychecks is:
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