Marcus earned $54,000 last year when the Social Security tax was 6.2% of income up to $94,200.His Medicare tax was 1.45%.How much did he pay in Social Security and Medicare taxes last year?

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The Answer of Marcus earned $54,000 last year when the Social Security tax was 6.2% of income up to $94,200.His Medicare tax was 1.45%.How much did he pay in Social Security and Medicare taxes last year?

Marcus Earned $54,000 Last Year When the Social Security Tax