Will any of pats wages be exempt from social security

Assignment Help Financial Econometrics

Reference no: EM13329175

Pat Maninen earns a gross salary of $2,100 each week. Assume a rate of 6.2% on $106,800 for Social Security and 1.45% for Medicare.

What are Pat's first week's deductions for Social Security and Medicare?

Will any of Pat's wages be exempt from Social Security and Medicare for the calendar year?

Reference no: EM13329175

Questions Cloud

Determine what is the couples marriage penalty or benefit : In 2013, Lisa and Fred, a married couple, have taxable income of $300,000. If they were to file separate tax returns, Lisa would have reported taxable income of $125,000 and Fred would have reported taxable income of $175,000.

Create a constructor that initializes the data : After the user answers the question, just put the actual answer down below the one entered. You do not need to check if they were correct.

Explain what is the ph during the titration of hac : What is the pH during the titration of 25.00mL of 0.10M HAc(aq) using .10M NaOH(aq) as the titrant, after the addition of 10.0, 25.0, and 30.0ml of titrant.

Design and implement a class called bus : Define the Bus constructor to accept and initialize all instance data. Include getter and setter methods for all instance data.

Will any of pats wages be exempt from social security : Pat Maninen earns a gross salary of $2,100 each week. Assume a rate of 6.2% on $106,800 for Social Security and 1.45% for Medicare. What are Pat's first week's deductions for Social Security and Medicare

Define the cheetah constructor to accept and initialize : Design and implement a class called Cheetah that contains instance data that represents the cheetah's name, age, weight, length and gender.

Calculate the escape velocity for a planet : Calculate the escape velocity for a planet that has twice the mass of Earth and is half the size of Earth

Find the work done on the jet by the catapult : A fighter jet is launched from an aircraft carrier with the aid of its own engines and a steam-powered catapult. The thrust of its engines is 3.26 x 105 N. What is the work done on the jet by the catapult

Design and implement a class called cheetah : Create a method that calculates the time required to travel between the starting point and stopping point of the line based on a given speed.

User Account

All Pages