posted by lenny on .
What will be the total deduction for social security and Medicare taxes on Juanita's next weekly paycheck of $720 if she has already earned $10,800 this year? Social security tax is 6.2% of wages up to $106,800. Medicare tax is 1.45% of all wages.
(720 * 0.062) + (720 * 0.0145)= ?