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Question

Copy and complete the table below. Use a 6.2% Social Security tax rate on a maximum of $102,000 gross wages and a 1.45% Medicare tax rate on all wages.

Name Allow-
ances
Martial
Status
Gross
Wages
Income
Tax
Social
Secur.
Medi-
care
Other Total Deduc. Net
Wages
33. Cali 3 Married $578.21 $31.51

Solution

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In this task, you need to complete the table. To complete the table, we use a 6.2%6.2\% Social Security tax rate and a 1.45%1.45\% Medicaid tax rate.

Which table should be used in this exercise?

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