Rodney Whitaker earns $125,208 annually and is paid monthly. How much Social Security tax will be deducted from
his December earnings? How much Medicare tax will be deducted from his December earnings? The Social Security
tax rate was 6.2% of wages up to a maximum annual wage of $118,500. The Medicare tax rate was 1.45% of wages
up to a maximum annual wage of $200,000.

Question

05-12-2022
Mathematics

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Rodney Whitaker earns $125,208 annually and is paid monthly. How much Social Security tax will be deducted from
his December earnings? How much Medicare tax will be deducted from his December earnings? The Social Security
tax rate was 6.2% of wages up to a maximum annual wage of $118,500. The Medicare tax rate was 1.45% of wages
up to a maximum annual wage of $200,000.

Sagot :

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