Multiple Choice
To date, Jay Ward has cumulative earnings of $118,000. This week he is paid $3,000. The total amount of Social Security tax for this week is (assume a rate of 6.2% on $128,400 for Social Security and 1.45% for Medicare) :
A) $186.00
B) $31.00
C) $57.66
D) $180.00
E) None of these
Correct Answer:
Verified
Correct Answer:
Verified
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