Respuesta :
To calculate the total payroll taxes that your employer owes on your $1,000 salary, you will need to add the 6.2% social security tax to the 2.9% Medicare tax. This comes to a total of 9.1% in payroll taxes.
What are payroll taxes?
Payroll taxes are taxes that are withheld from an employee's paycheck and paid to the government by the employer. These taxes are used to fund various government programs, such as Social Security and Medicare.
To find out how much your work will cost your employer, you will need to multiply your salary by the total payroll tax rate. In this case, that would be $1,000 x 9.1% = $91. So, the total cost of your work to your employer will be $1,000 + $91 = $1,091.
It's important to note that these payroll tax rates are just examples, and the actual rates may vary depending on your location and the specific tax laws in place. Additionally, some employers may cover a portion of the payroll taxes, so the total cost to the employer may be different in practice.
Hence, the total payroll taxes is 9.1%.
To learn more about payroll taxes from the given link:
https://brainly.com/question/18586595
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