Calculate the monthly social security and Medicare withholding for the employee, rounding to nearest cent (Social security tax is 6.2% of wages up to $128,400. Medicare tax is 1.45% of all wages): Employee $\quad$ Year to Date Earnings $\quad $Current Month $\quad $Social Security $\quad $Medicare
Davis, C. $\quad\quad \$ 32,516 \quad\quad\quad\quad\quad\quad \$ 3,514$

Question

Calculate the monthly social security and Medicare withholding for the employee, rounding to nearest cent (Social security tax is 6.2% of wages up to $128,400. Medicare tax is 1.45% of all wages): Employee $\quad$ Year to Date Earnings  $\quad $Current Month  $\quad $Social Security  $\quad $Medicare 
Davis, C. $\quad\quad \$ 32,516 \quad\quad\quad\quad\quad\quad \$ 3,514$

Quizplus · Accepted Answer

The Answer of Calculate the monthly social security and Medicare withholding for the employee, rounding to nearest cent (Social security tax is 6.2% of wages up to $128,400. Medicare tax is 1.45% of all wages): Employee $\quad$ Year to Date Earnings  $\quad $Current Month  $\quad $Social Security  $\quad $Medicare 
Davis, C. $\quad\quad \$ 32,516 \quad\quad\quad\quad\quad\quad \$ 3,514$

Calculate the Monthly Social Security and Medicare Withholding for the Employee