for each of the following wages, determine the medicare tax that would be withheld.\ni. $23,660\nii…

for each of the following wages, determine the medicare tax that would be withheld.\ni. $23,660\nii. $89,000\niii. $166,090\na. i. $343.07\n ii. $1,290.50\n iii. $2,408.31\nb. i. $3,430.70\n ii. $12,905.00\n iii. $24,083.05\nc. i. $146.70\n ii. $551.80\n iii. $1,029.76\nd. i. $1,466.92\n ii. $5,518.00\n iii. $10,297.58

for each of the following wages, determine the medicare tax that would be withheld.\ni. $23,660\nii. $89,000\niii. $166,090\na. i. $343.07\n ii. $1,290.50\n iii. $2,408.31\nb. i. $3,430.70\n ii. $12,905.00\n iii. $24,083.05\nc. i. $146.70\n ii. $551.80\n iii. $1,029.76\nd. i. $1,466.92\n ii. $5,518.00\n iii. $10,297.58

Answer

Explanation:

Step1: Aplicar tasa de impuesto del Medicare

La tasa de impuesto del Medicare es de 1.45% para los ingresos normales.

Step2: Calcular impuesto para $23,660

$23660\times0.0145 = 343.07$

Step3: Calcular impuesto para $89,000

$89000\times0.0145 = 1290.5$

Step4: Calcular impuesto para $166,090

$166090\times0.0145 = 2408.305\approx2408.31$

Answer:

a. i. $343.07 ii. $1,290.50 iii. $2,408.31