Deduct 6.2% of the first 113,000 of an employee's annual earnings for social security taxes and 1.45% of all annual earnings for medicare taxes. randy bumgarner earns a monthly gross salary of 3,600.00. to date, he has earned a total of 14,00.00. what is this month's social security tax what is this months medicare tax with

So there is a deduction of 6.2% of the first $113,000.00 and 1.45% of all annual earnings for medicare taxes.

Randy earns a monthly gross salary of $3,600.00. So Randy makes:

dollars annually.

Now,

Randy's this month's Social Security tax withholding will be given by 6.2% of his gross monthly salary that is $3,200.00.

So, month's Social Security tax withholding is $223.20.

Now this month's Medicare tax withholding is given by 1.45% of his monthly gross salary.

That is:

So, month's Medicare tax withholding is $52.20.

assuming you mean addition: addition and subtraction are reverse operations.

step-by-step explanation:

step-by-step explanation: