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QUESTION
Calculate the Social Security and Medicare deductions for the following employees (assume a tax rate of 6.2% on $118,500 for Social Security and 1.45% for Medicare) for Logan if his cumulative earning
Calculate the Social Security and Medicare deductions for the following employees (assume a tax rate of 6.2% on $118,500 for Social Security and 1.45% for Medicare) for Logan if his cumulative earnings before this pay period were $118,400 and his pay amount for this pay period is $3000.00
