Calculate The Social Security And Medicare Tax That Would Be Applied To An Annual Salary Of $35,400. A. Social Security Tax: $2,194.80, Medicare Tax: $513.30 B. Social Security Tax: $21,948.00, Medicare Tax: $5,133.00 C. Social Security Tax: $6,621.60, Medicare Tax: $513.30 D. Social Security Tax: $66,216.00, Medicare Tax: $5,133.00

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Calculate The Social Security And Medicare Tax That Would Be Applied To An Annual Salary Of $35,400. A. Social Security Tax: $2,194.80, Medicare Tax: $513.30 B. Social Security Tax: $21,948.00, Medicare Tax: $5,133.00 C. Social Security Tax: $6,621.60, Medicare Tax: $513.30 D. Social Security Tax: $66,216.00, Medicare Tax: $5,133.00. Click here 👆 to get an answer to your question ️ calculale the social security and medicare tax that would be applied to an annual salary of $35,400 a. Therefore, the correct answer is option a.

Solved Calculate the Social Security and Medicare deductions
Solved Calculate the Social Security and Medicare deductions from www.chegg.com

Therefore, the correct answer is option a. To calculate the social security tax, you would multiply the annual salary by the social security tax rate. See the breakdown of your tax payments and take home.

Calculate The Estimated Payroll Taxes Due On Wages For Both Employees And Employers.


See the breakdown of your tax payments and take home. Social security tax = $35,400 * 0.062 =. The social security tax on an annual salary of $35,400 is $2,194.80, and the medicare tax is $513.30.

Social Security Tax Withholding Calculator.


To calculate the social security tax, you would multiply the annual salary by the social security tax rate. Click here 👆 to get an answer to your question ️ calculale the social security and medicare tax that would be applied to an annual salary of $35,400 a. Calculate your federal, state, social security and medicare taxes for 2024/25 based on your annual salary and filing status.

The Social Security Tax Rate Is Currently 6.2%.


Therefore, the correct answer is option a.

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