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3 years ago

Scott's gross pay is $2344. How much of his gross pay will be deducted for the Social Security Tax?

Mathematics

2 answers:

Vadim26 [7]3 years ago

7 0

Answer:

$145.33

Step-by-step explanation:

6.2% of gross pay is withheld for Social Security Tax.

6.2% = 6.2/100 = 0.062; this means we multiply the gross pay by 0.062:

2344(0.062) = 145.328 ≈ 145.33

Slav-nsk [51]3 years ago

5 0

Answer:

Step-by-step explanation:

an employee is taxed 6.2 percent of their gross pay for Social Security, up to $127,200. After an employee has earned that much, Social Security payments are no longer deducted for the remainder of the year.

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