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11111nata11111 [884]
2 years ago
12

Marika Perez’s gross biweekly pay is $2,768. Her earnings to date for the year total $80,272. What amount is deducted from her p

ay for Social Security taxes if the rate is 6.2%? What amount is deducted for Medicare, which is taxed at 1.45%?
Mathematics
2 answers:
harkovskaia [24]2 years ago
8 0

Answer:

The deduction for social Security tax is $4976.86 and the deduction for Medicare tax is $1163.94 .

Step-by-step explanation:

Marika Perez’s gross biweekly pay is $2,768. Her earnings to date for the year total $80,272.

What amount is deducted from her pay for Social Security taxes if the rate is 6.2%?

0.062\times80272=4976.86 dollars

What amount is deducted for Medicare, which is taxed at 1.45%?

0.0145\times80272=1163.94 dollars

Angelina_Jolie [31]2 years ago
7 0
Social Security  $4,976.86 and for Medicare  $1,163.94
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