Martha earned a gross pay of $1,215.60 last week. Using the fact that Social Security tax is 6.2% of gross pay, determine the amount of Social security tax deducted from Martha’s gross pay. a. $7.54
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Martha earned a gross pay of $1,215.60 last week
⇒ Martha's gross pay = $1215.60
Social Security tax is 6.2% of gross pay
⇒ Social Security tax = 6.2%
Find the Social Security tax:
SST = 6.2% x 1215.60 = 0.062 x 1215.60 = $75.37
Answer: $75.37 is deducted from the gross pay for the social security tax.
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Martha earned a gross pay of 1215.60 dollars previous week.
It is in the law that the tax to charge 6.2% of the gross pay.= 6.2% = 6.2% / 100% = 0.062.
Multiply this to Martha’s gross pay which is 1 215.60 dollars =1 215.60 * .062 = 75.37 dollar.
The answer $75.37.
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