Top Posters
Since Sunday
5
o
5
4
m
4
b
4
x
4
a
4
l
4
t
4
S
4
m
3
s
3
New Topic  
jadelga3 jadelga3
wrote...
Posts: 136
Rep: 0 0
A year ago
Social Security and Medicare

The required deduction for Social Security is 6.2% OASDI (Old Age Survivors and Disability Insurance) of wages earned, to a maximum of $97,500 and 1.45% HI (Hospital Insurance, commonly known as "Medicare") for all earnings.


Refer to the Social Security and Medicare information. Employers are required to match the employee's deductions and send the total to the IRS. Compute the amount of money that would be sent to the IRS for an employee who earns $52,700 during the period of a year.
Textbook 
Contemporary Business Mathematics for Colleges

Contemporary Business Mathematics for Colleges


Edition: 16th
Authors:
Read 30 times
1 Reply
Replies
Answer verified by a subject expert
gamblawcgamblawc
wrote...
Posts: 128
Rep: 0 0
A year ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

jadelga3 Author
wrote...

A year ago
Thank you, thank you, thank you!
wrote...

Yesterday
This calls for a celebration Person Raising Both Hands in Celebration
wrote...

2 hours ago
This helped my grade so much Perfect
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  953 People Browsing
Related Images
  
 401
  
 288
  
 796
Your Opinion

Previous poll results: Who's your favorite biologist?