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Title: Find the Social Security tax (6.2%), Medicare tax (1.45%), and state disability insurance deduction ...
Post by: jayboskeet on Jul 1, 2024
Find the Social Security tax (6.2%), Medicare tax (1.45%), and state disability insurance deduction (1%) for the employee. Assume the employee is under the FICA and SDI maximums at the end of the current pay period and assume that is paid for any overtime in a week. Round to the nearest cent if needed.

Hours Reg FICA Medicare SDI
Employee Worked Rate Tax Tax Tax
Wilson, M.     38.5 $8.40

▸ $30.08, $7.03, $4.85

▸ $23.28, $7.92, $6.47

▸ $3.53, $0.83, $0.57

▸ $20.05, $4.69, $3.23


Title: Re: Find the Social Security tax (6.2%), Medicare tax (1.45%), and state disability insurance deduction ...
Post by: kaitmaw on Jul 1, 2024
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