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Calculate the Social Security and Medicare tax that would be applied to an annual salary of $235,430. Use $106,800 for maximum taxable earnings. A. Social Security tax: $1,459. 67, Medicare tax: $341. 37 b. Social Security tax: $14,596. 66, Medicare tax: $3,413. 70 c. Social Security tax: $662. 16, Medicare tax: $341. 37 d. Social Security tax: $6,621. 60, Medicare tax: $3,413. 70.

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Answer:

D. Social Security tax: $6,621.60, Medicare tax: $3,413.70

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