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Homework answers / question archive / Question 1) How much income tax, social security tax and Medicare tax will you pay if your income is:   Income tax Social Security Tax

Question 1) How much income tax, social security tax and Medicare tax will you pay if your income is:   Income tax Social Security Tax

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Question 1) How much income tax, social security tax and Medicare tax will you pay if your income is:

 

Income tax

Social Security Tax

.062 x gross income, up to a maximum of $127,200

Medicare tax

.0145 x gross income, no cap

$190,000

 

 

 

$70,000

 

 

 

$25,000

 

 

 

 

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