Mathematics
Mathematics, 24.05.2021 19:00, itssamuelu

In 2016, the maximum taxable income for Social Security was $118,500, and the rate was 6.2%. The rate for Medicare tax was 1.45% and has no maximum limit on income. If Jessica’s taxable income as an attorney was $131,000 that year, how much did she pay in Social security taxes?

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In 2016, the maximum taxable income for Social Security was $118,500, and the rate was 6.2%. The rat...

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