Week 13 - Medicare and Social Security Taxes

The total amount of earnings BEFORE any deductions are taken out

• Gross Pay

• Net Pay

• After-tax Income

• None of these

Tags

CCSS.HSA.SSE.A.1

The total amount of earnings AFTER all deductions are taken out

• Gross Pay

• Net Pay

• After-tax Income

• None of these

Tags

CCSS.HSA.SSE.A.1

FICA Taxes are. . . .

• Federal, State, Social Security, and Medicare

• State, Social Security, and Medicare

• Social Security and Medicare

• Medicare

Randall is an employee and had a weekly paycheck of $355.25. How much Social Security would be withheld from his paycheck?

• $22.30

• $22.03

• $27.20

• $27.18

Tags

CCSS.7.EE.B.3

CCSS.7.RP.A.2

CCSS.7.RP.A.3

Randall had a weekly paycheck of $355.25. How much FICA (Social Security AND Medicare) would be withheld from his paycheck?

• $22.30

• $22.03

• $27.20

• $27.18

Tags

CCSS.7.EE.B.3

CCSS.7.NS.A.3

CCSS.7.RP.A.3

Aliyah is an independent contractor and earned $9,706.00 for the month of October. How much Social Security would be withheld from her paycheck?

• $601.77

• $140.74

• $1,485.02

• $1,203.54

• $281.47

Tags

CCSS.HSA.CED.A.1

CCSS.HSA.REI.B.3

CCSS.HSA.SSE.A.1

Mario is an employer and has to pay their employee a bi-weekly paycheck of $1524.00. How much Social Security would this employer have to pay?

• $188.98

• $94.49

• $44.20

• $22.10

• $116.59

Tags

CCSS.7.EE.B.3

CCSS.7.RP.A.2

CCSS.7.RP.A.3

Stephanie is an employee and had a monthly paycheck of $6,525.00. How much Medicare would be withheld from her paycheck?

• $404.55

• $809.10

• $94.61

• $499.16

Tags

CCSS.HSA.CED.A.1

CCSS.HSA.REI.B.3

CCSS.HSA.SSE.A.1

Mario is an employer and has to pay their employee a bi-weekly paycheck of $1524.00. How much Medicare would this employer have to pay?

• $188.98

• $94.49

• $44.20

• $22.10

• $116.59

Tags

CCSS.HSA.CED.A.1

CCSS.HSA.REI.B.3

CCSS.HSA.SSE.A.1

Mario is an employer and has to pay their employee a bi-weekly paycheck of $1524.00. How much FICA Taxes (Social Security and Medicare combined) would this employer have to pay?

• $188.98

• $94.49

• $44.20

• $22.10

• $116.59

Tags

CCSS.HSA.CED.A.1

CCSS.HSA.REI.B.3