Biology Forums - Study Force

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



Title: Find the Social Security tax and Medicare tax on the annual gross income of a self-employed ...
Post by: vnaust 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.

Larry Barnes, management consultant, earned $73,843.27

▸ $4,578.28, $2,141.45

▸ $9,056.57, $2,041.45

▸ $4,578.28, $1,070.73

▸ $9,156.57, $2,141.45


Title: Re: Find the Social Security tax and Medicare tax on the annual gross income of a self-employed ...
Post by: kitty123 on Jul 1, 2024
Content hidden