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Trey Morgan is an employee who is paid monthly. For the month of January of the current year, he earned a total of $ 4
Trey Morgan is an employee who is paid monthly. For the month of January of the current year, he earned a total of $ The Federal Insurance Contributions Act FICA tax 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 for both the employee and the employer. The amount of federal income tax withheld from his earnings was $ His net pay for the month is:
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