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The chief executive officer earns $ 2 1 , 4 0 0 per month. As of May 3 1 , her gross pay was $
The chief executive officer earns $ per month. As of May her gross pay was $ The tax rate for Social Security is of the first $ earned each calendar year and the Federal Insurance Contributions Act FICA tax rate for Medicare is of all earnings. The current Federal Unemployment Taxes FUTA tax rate is and the State Unemployment Taxes SUTA tax rate is Both unemployment taxes are applied to the first $ of an employees pay. What is the amount of Federal Insurance Contributions Act FICA Medicare withheld from this employee for the month of June?
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