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Verizon [17]
3 years ago
10

Joe Bob is an employee of Rollo Corporation who receives a salary of $16,800 per month. How much Social Security tax will be wit

hheld from Joe Bob's salary for the months listed?
Business
1 answer:
kolbaska11 [484]3 years ago
7 0

Answer:

<u>$1041.6 monthly</u>

Explanation:

Note that as an employee half (6.2%) of the Social Security tax will be withheld by his employer. In the social security tax, a fixed rate of 12.4% is paid up to a salary limit of $132,900.

Therefore, as long as he maintains a fixed salary, Joe would continue to pay the same social security tax rate.

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D: Loss leading

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3 years ago
Identify strategies to promote the development of the human resources field in business
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Answer:

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Answer:

um maybe C

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