Refer to the Social Security and Medicare information. Employers are required to match the employee's deductions and send the total to the IRS. Compute the amount of money that would be sent to the IRS for an employee who earns $52,700 during the period of a year.

Question

Refer to the Social Security and Medicare information. Employers are required to match the employee's deductions and send the total to the IRS. Compute the amount of money that would be sent to the IRS for an employee who earns $52,700 during the period of a year.​

Yasmin Avila · Accepted Answer

Final Answer : $8,063.10

Refer to the Social Security and Medicare information. Employers are required to match the employee's deductions and send the total to the IRS. Compute the amount of money that would be sent to the IRS for an employee who earns $52,700 during the period of a year.

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Learning Objectives

Related questions

Refer to the Social Security and Medicare information. Employers are required to match the employee's deductions and send the total to the IRS. Compute the amount of money that would be sent to the IRS for an employee who earns $52,700 during the period of a year.​

Definitions

Learning Objectives

Learning Objectives

Related questions

Refer to the Social Security and Medicare information. Employers are required to match the employee's deductions and send the total to the IRS. Compute the amount of money that would be sent to the IRS for an employee who earns $52,700 during the period of a year.