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Business, 26.11.2019 22:31 electrofy456

Determining deduction for medicare tax. lo 10-4 e monthly salaries for december and the year-to-date earnings of the employees of bush consulting company as of november 30 follow. determine the amount of medicare tax to be withheld from each employee's gross pay for december. assume a 1.45 percent medicare tax rate and that all salaries and wages are subject to the tax. (round your final answers to 2 decimal places.) year-to-date medicare employee december earningstaxable medicare salary earning | tax 1.45% | r30 december $ 8,200 s98,300 69,300 122,300 1 99.300 8,300 9,009 8,300 2

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Determining deduction for medicare tax. lo 10-4 e monthly salaries for december and the year-to-date...
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