Mathematics, 30.01.2020 21:59, smilxess

Calculate the social security and medicare tax that would be applied to an annual salary of $125,000. use $106,800 for maximum taxable earnings.
a.
social security tax: $77,500.00, medicare tax: $18,125.00
b.
social security tax: $7,750.00, medicare tax: $1,812.50
c.
social security tax: $66,216.00, medicare tax: $18,125.00
d.
social security tax: $6,621.60, medicare tax: $1,812.50

select the best answer from the choices provided

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Calculate the social security and medicare tax that would be applied to an annual salary of $125,000...