Biology Forums - Study Force

Other Fields Homework Help Finance Topic started by: thunter609 on Jul 1, 2024



Title: Find the Social Security tax and Medicare tax on the annual gross income of a self-employed ...
Post by: thunter609 on Jul 1, 2024
Find the Social Security tax and Medicare tax on the annual gross income of a self-employed individual. For a self-employed person, the FICA rate is 12.4% and the Medicare rate is 2.9%. Round to the nearest cent if needed.

Drew Laughlin, attorney, earned $55,361.52

▸ $6,764.83, $1,505.48

▸ $3,432.41, $1,605.48

▸ $6,864.83, $1,605.48

▸ $3,432.41, $802.74


Title: Re: Find the Social Security tax and Medicare tax on the annual gross income of a self-employed ...
Post by: crwille78 on Jul 1, 2024
Content hidden