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Tim Mogilnitsky is a self - employed researcher. He pays FICA at a rate of 1 2 . 4 % and Medicare at a rate

Tim Mogilnitsky is a self-employed researcher. He pays FICA at a rate of12.4% and Medicare at a rate of2.9%.
Find the dollar amount of these taxes on the annual adjusted earnings of $47,309.19.
Tim's FICA tax is:

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