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Assuming he has not earned more than 100000 this year what

Jared is single and is paid semimonthly. His latest paycheck lists his gross pay as $1745. Assuming he has not earned more than $100,000 this year, what will be the sum of his Medicare and Social Security taxes on this paycheck? Use rates of 1.45% and 6.2% respectively.

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Finance Basics: Assuming he has not earned more than 100000 this year what

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Finance Basics: Assuming he has not earned more than 100000 this year what

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