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Suppose Jim worked 67 hours during this payroll period and is paid $10.00 per hour. Assume FICA is 6.2%, Medicare is 1.45% and withholding tax
Suppose Jim worked 67 hours during this payroll period and is paid $10.00 per hour. Assume FICA is 6.2%, Medicare is 1.45% and withholding tax is 10%. Calculate Jim's employer's total payroll tax liability for the period. & Answer is complete but not entirely correct. A B C D E 1 2 Payroll Liab $ 118.26 3
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