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Laura is selfemployed and expects to make $96,000 her social security tax is 12.4% up to the wage base, medicare is 2.9% and her estimated federal tax rate is 25% what is Lauras expected tax payment for the fourth quarter.

would it be $9,672.00

  • Math, not "rpost" -

    Math assistance needed.

  • math -

    could you please help
    Thank you

  • rpost -

    Yes, it is.

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