Calculate Social Security taxes, Medicare taxes, and FIT for Jordon Barrett. He earns a monthly salary of
$12,400
. He is single. Before this payroll, Barrett's cumulative earnings were
$142,020
. (Social Security maximum is
6.2%
on
$142,800
and Medicare is
1.45%
.) Calculate FIT by the percentage method. (Use Table 9.1) Note: Round your answers to 2 decimal places. \table[[FIT,
$

Question

Calculate Social Security taxes, Medicare taxes, and FIT for Jordon Barrett. He earns a monthly salary of

$12,400

. He is single. Before this payroll, Barrett's cumulative earnings were

$142,020

. (Social Security maximum is

6.2%

on

$142,800

and Medicare is

1.45%

.) Calculate FIT by the percentage method. (Use Table 9.1) Note: Round your answers to 2 decimal places. \table[[FIT,

$

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