How much social security and medicare tax will be withheld


Jessie James is a store manager of Sheplers Shoe Emporium in San Antonio, Texas. Jessie's salaried earnings through November of 2012 were $126,000 before taxes and benefits.

How much social security and medicare tax will be withheld on Jessie's gross earnings through November given the 2012 tax limits?

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Accounting Basics: How much social security and medicare tax will be withheld
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