Short Answer
A CAD department supervisor earns a weekly gross income of $1860.00. He wants to calculate the amount of tax that is deducted from his paycheck for Social Security (FICA) and Medicare. The Social Security tax is 6.2% and the Medicare tax is 1.45% of his gross income. Determine his Social Security/Medicare tax based on gross income.
Correct Answer:
Verified
Correct Answer:
Verified
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