Ann earns $32,400 a year and is paid semimonthly. How much is deducted per pay period for social security tax? For Medicare tax?

Question

PLEASE HELP!!

Answer 1

$83.67 for social security

$19.58 for medicare

 

Just look up the social security and medicare tax rates on the Internet and multiply them by her pay. She gets 24 paychecks, so divide the total by 24 to get the periodic deduction.  This problem is so simple it should not be ecessaary for you to put it here. You need to make an effort.