Question:
Martha earned a gross pay of $1,215.60 last week. Using the fact that social security tax is 6.2% of gross pay, determine the amount of social security tax deducted from Martha’s gross pay.
A. $7.54
B. $65.37
C. $75.37
D. $75.40
Answer:
Social security tax = 6.2% * $1,215.60
= $75.37
Answer: C. $75.37
Be First to Comment