Solve the following problems using 6.2%, up to 1.45%.na wage limit, for Medicare tax. Kristy Dunaway has biweekly gross earnings of $1,750. What are her total social security and Medicare tax withholdings for a whole year? Annual Salary: V A/ Annual Social Security deduction: A Annual Medicare deduction:

FINANCIAL ACCOUNTING
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Chapter1: Financial Statements And Business Decisions
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Solve the following problems using 6.2%, up to $128.400 for social security tax and
1.45%,no wage limit, for Medicare tax.
Kristy Dunaway has biweekly gross earnings of $1,750. What are her total social
security and Medicare tax withholdings for a whole year?
Annual Salary:
A/
Annual Social Security deduction:
A/
Annual Medicare deduction:
Transcribed Image Text:Solve the following problems using 6.2%, up to $128.400 for social security tax and 1.45%,no wage limit, for Medicare tax. Kristy Dunaway has biweekly gross earnings of $1,750. What are her total social security and Medicare tax withholdings for a whole year? Annual Salary: A/ Annual Social Security deduction: A/ Annual Medicare deduction:
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