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thunter609 thunter609
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3 months ago
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
Textbook 
Business Mathematics

Business Mathematics


Edition: 15th
Authors:
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crwille78crwille78
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3 months ago
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thunter609 Author
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3 months ago
Thanks for your help!!
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Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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2 hours ago
Thank you, thank you, thank you!
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