calculate the social security and medicare tax that would be applied to an annual salary of $35,400 a…

calculate the social security and medicare tax that would be applied to an annual salary of $35,400 a. social security tax: $2,194.80, medicare tax: $513.30 b. social security tax: $21,948.00, medicare tax: $5,133.00 c. social security tax: $6,621.60, medicare tax: $513.30 d. social security tax: $66,216.00, medicare tax: $5,133.00 please select the best answer from the choices provided

calculate the social security and medicare tax that would be applied to an annual salary of $35,400 a. social security tax: $2,194.80, medicare tax: $513.30 b. social security tax: $21,948.00, medicare tax: $5,133.00 c. social security tax: $6,621.60, medicare tax: $513.30 d. social security tax: $66,216.00, medicare tax: $5,133.00 please select the best answer from the choices provided

Answer

Explanation:

Step1: Tasa de impuesto de Seguridad Social

La tasa de impuesto de Seguridad Social es de 6.2% del salario. Calculamos el impuesto de Seguridad Social multiplicando el salario anual por 0.062. $35400\times0.062 = 2194.8$

Step2: Tasa de impuesto de Medicare

La tasa de impuesto de Medicare es de 1.45% del salario. Calculamos el impuesto de Medicare multiplicando el salario anual por 0.0145. $35400\times0.0145=513.3$

Answer:

A. Social Security tax: $2,194.80, Medicare tax: $513.30