Compute Austin's total social security and Medicare taxes for the fourth quarter, if she is self-employed and earns $5,300.00 on a semimonthly basis. (For self-employed persons, Social Security tax is 12.4% of wages up to $128,400, and Medicare tax is 2.9% of all wages.) $437.25 $810.90     $2,623.50 $4,865.40

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