Answer:
Amount subject to the "continuing" Medicare tax: $102,000
Percentage tax rate for the amount for a self-employed person: 2.9%
This amount represents: $3,480
Step-by-step explanation:
Take income tax percentage rates:
$120,000*0.029 = $3,480
C
3m + m = 4m
Now the plus 5
4m + 5
You add 5 each time.
4+5=9
9+5=14
14+5=19 and so on...
Answer:
41+(25/5)=41+5=46
Step-by-step explanation:
I hope it helps!