chloeroebuck2021
Answered

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An employee earned $1,000 in the first pay period of the current year. How much is the total employer and employee social security taxes on these earnings? (Use the simplified rate shown in illustrations.)

a. $120
b. $60
c. $0; the earnings are not subject to social security tax
d. $76

Sagot :

lawrencemma2165
The total amount the employer and employee Social Security taxes on these earnings is $120
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