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professor190 [17]
3 years ago
7

Beginning with the first pay of the year, Carson will make $2,700 each week. In which numbered pay of the year will Carson hit t

he OASDI taxable limit?
Business
1 answer:
VikaD [51]3 years ago
3 0

Answer:

With the 48th pay of the year, Carson will hit the OASDI taxable limit.

Explanation:

As per the OASDI taxable limit for 2018 is $128500.

Thus the tax day is calculated as

\$128700/\$2700\\=47.66 \approx 48

So the tax day is the 48th pay day.  And thus with the 48th pay of the year, Carson will hit the OASDI taxable limit.

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