Math  /  Word Problems

QuestionCalculate Sam Hall's September FICA taxes based on his earnings and tax rates. Include Social Security and Medicare deductions.

Studdy Solution
Calculate the total FICA taxes.
TotalFICAtaxes=$297.+$175.45=$473.05Total\, FICA\, taxes = \$297. + \$175.45 = \$473.05For Sam's September wages, the wage amount subject to Social Security tax is \$4,800, the Social Security tax deduction is \$297., the Medicare tax deduction is \$175.45, and the total deduction for FICA taxes is \$473.05.

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