Explore a world of knowledge and get your questions answered on IDNLearn.com. Find the solutions you need quickly and accurately with help from our knowledgeable community.
Matty Kim, an accountant for Vernitron, earned $135,000 from January to June. In July, Matty earned $20,000. Assume a tax rate of 6.2% for Social Security on $142,800 and 1.45% on Medicare. How much are the July taxes for Social Security and Medicare?
Sagot :
We appreciate your contributions to this forum. Don't forget to check back for the latest answers. Keep asking, answering, and sharing useful information. Find reliable answers at IDNLearn.com. Thanks for stopping by, and come back for more trustworthy solutions.