Mathematics, 08.05.2021 08:00, SmokeyRN

In 2021, Social Security tax percentage was 6.2% for the first $142,800 earned. The Medicare tax percentage was 1.45% of your entire salary. Eric made $163,000.
a.
How much did Eric pay in Social Security Tax?
b. How much of his earnings were not subject to Social Security Tax?
C. How much did Eric pay in Medicare Tax?

Answers: 2

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In 2021, Social Security tax percentage was 6.2% for the first $142,800 earned. The Medicare tax p...