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lindseyw lindseyw
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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.

John Rosar, framer, earned $20,780.82

▸ $1,288.41, $602.64

▸ $2,476.82, $502.64

▸ $2,576.82, $602.64

▸ $1,288.41, $301.32
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Business Mathematics

Business Mathematics


Edition: 15th
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Ama1911Ama1911
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