Question

Rachel Radcliff earns an annual salary of $165.480. 44. How much Medicare taxes will be deducted from her salary for the year?​

Answer 1

Answer:

$2, 399.47

Explanation:

The applicable rate for Medicare is 1.45% for the employee and 1.45% for the employer.

For the year, Rachael will pay 1.45% of her annual salary.

=1.45/100 x $165.480. 44.

=0.0145 x $165.480. 44.

=$2,399.47