Solve the problem using 6.2%, up to $128,400 for Social Security tax and using 1.45%, no wage limit, for Medicare tax. Calculate the monthly Social Security and Medicare withholdings (in $) for the employee as the payroll manager for a cargo and freight company. (Round your answers to the nearest cent.) Employee Andretti, K. Year-to-Date Earnings $144,000 Current Month $13,850 Social Security S Medicare

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A: Thanks for the question :)And your upvote will be really appreciable ;)

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