Rachel Anderson's gross biweekly pay as a quality control inspector is $812. Her earnings to date for the year total $32,435. What amount does her employer deduct from her pay for Medicare taxes ?
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Given:
Biweekly pay = $812
Total pay for the before deducting medicare tax = $32,435
To Find:
Amount of medicare tax deducted
Solution
Find the yearly pay after medicare tax is deducted:
2 weeks = 812
52 weeks = (812 ÷ 2) x 52
52 weeks = $ 21,112
Find the medicare tax:
Medicare tax = 32,425 - 21,112
Medicare tax = $11,323
Find the medicare tax paid biweekly:
Medicare tax paid biweekly = (11,323 ÷ 52) x 2
Medicare tax paid biweekly = $435.50
Answer: $435.50 was deducted from her biweekly pay for medicare tax.
Answered by
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Answer:
$435.50 was deducted from her pay for medicare taxes
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