question 14 (4.5 points) if you are not self - employed and you are paid a salary of $163,650.00, what is…

question 14 (4.5 points) if you are not self - employed and you are paid a salary of $163,650.00, what is the amount of your medicare tax? use the 2024 fica (social security and medicare) tax rates in the table below. 2024 fica tax rates employee pays employer pays social security tax 6.2% 6.2% only on the first $168,600 only on the first $168,600 medicare tax 1.45% 1.45% total 7.65% 7.65% additional medicare tax 0.9% only on earnings over $200,000 for single filers, $250,000 for joint filers, and $125,000 for those married filing separately enter the dollar amount rounded to the nearest cent. your answer:

question 14 (4.5 points) if you are not self - employed and you are paid a salary of $163,650.00, what is the amount of your medicare tax? use the 2024 fica (social security and medicare) tax rates in the table below. 2024 fica tax rates employee pays employer pays social security tax 6.2% 6.2% only on the first $168,600 only on the first $168,600 medicare tax 1.45% 1.45% total 7.65% 7.65% additional medicare tax 0.9% only on earnings over $200,000 for single filers, $250,000 for joint filers, and $125,000 for those married filing separately enter the dollar amount rounded to the nearest cent. your answer:

Answer

Answer:

$2,372.93