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Rodney Whitaker earns $116,904 annually and is paid monthly. How much Social Security tax will be deducted from his December earnings? Social Security tax during this tax year is paid on the first $110,100 earned. How much Medicare tax will be deducted from his December earnings?                           

Enter the social security rate:

Enter the annual maximum on which Social Security tax is paid.  

Enter medicare tax rate:

Enter total number of pay periods per year:

Enter which pay period (number) is being calculated:

Enter total annual earnings:

Financial Management, Finance

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