Marie earns $80,000 as a sales manager for Household Books. How much Social Security and medicare tax does Marie have to pay?

Name: Marie earns $80,000 as a sales manager for Household Books. How much Social Security and medicare tax does Marie have to pay?
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Question

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Social Security tax is 6.2% on income up to $160,200 (as of 2023), and Medicare tax is 1.45% on all income. For $80,000, Social Security tax is $4,960 (6.2% of $80,000) and Medicare tax is $1,160 (1.45% of $80,000), totaling $6,120.

Marie Earns $80,000 as a Sales Manager for Household Books