e Social Security and Medicare deductions for the following employee (assume a tax rate c 1.45% for Medicare): (Leave no cells blank - be certain to enter "0" wherever required. R R.) Cumulative earnings Pay amount this before this pay period Social Security Medicare period 24 399,900 $ 7,000

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Author:Amos Gilat
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šiness Mat.
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Calculate the Social Security and Medicare deductions for the following employee (assume a tax rate of 6.2% on $118,500 for Social
Security and 1.45% for Medicare): (Leave no cells blank - be certain to enter "0" wherever required. Round your answers to the
nearest cent.)
Cumulative earnings Pay amount this
before this pay period
Employee
Social Security
Medicare
period
Moore
2$
399,900 $
7,000
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Transcribed Image Text:šiness Mat. Saved Help Save Calculate the Social Security and Medicare deductions for the following employee (assume a tax rate of 6.2% on $118,500 for Social Security and 1.45% for Medicare): (Leave no cells blank - be certain to enter "0" wherever required. Round your answers to the nearest cent.) Cumulative earnings Pay amount this before this pay period Employee Social Security Medicare period Moore 2$ 399,900 $ 7,000 ( Prev 6 of 18 Next >
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B 2 Assignment - MT140 Introduction to M..
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B 3 Lab Homework - MM255 Business Mat.
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Len Mast earned $2,300O in the last 2 weeks. He is married, is paid biweekly, and claims 3 exemptions. What is Len's FIT? Use the
percentage method. (Use Table 7.1 and Table 7.2): (Round your answer to the nearest cent.)
FIT
Transcribed Image Text:A ezto.mheducation.com B 2 Assignment - MT140 Introduction to M.. A Untitled B 3 Lab Homework - MM255 Business Mat. Que us Homework Saved Help Save Len Mast earned $2,300O in the last 2 weeks. He is married, is paid biweekly, and claims 3 exemptions. What is Len's FIT? Use the percentage method. (Use Table 7.1 and Table 7.2): (Round your answer to the nearest cent.) FIT
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