Business
Business, 18.11.2019 22:31, kiki9555

Mike gundy is a college football coach making a base salary of $2,400,000 a year ($200,000 per month). employers are required to withhold a 6.2% social security tax up to a maximum base amount and a 1.45% medicare tax with no maximum. assuming the social security maximum base amount is $118,500, how much will be withheld during the year for the coach's social security and medicare? a. $34,800.b. $41,422.c. $183,600.d. none of these amounts is correct

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Mike gundy is a college football coach making a base salary of $2,400,000 a year ($200,000 per month...

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