Question

The Medicare tax rate is 1.45% how much would be withheld form someone paycheck for Medicare with wages of $1,738 for that pay period

Answer 1

Answer: $\ 25.201$

Step-by-step explanation:

Given

The Medicare tax rate is 1.45%

The wages of a person is $1738

The amount which is withheld from the person paycheck is

$\Rightarrow 1738\times 1.45\%\\\Rightarrow 1738\times 0.0145\\\Rightarrow \ 25.201$