what is the current tax rate an employer must withhold from an employees paycheck for social security age 12
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Akash M.
Calculate the net pay. The balance before this weekly payroll is $90 below maximum as related to cumulative earnings in calculating Social Security. Assume a tax rate of 6.2% for Social Security on $128,400 and 1.45% for Medicare: (Round your answers to the nearest cent.)
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