Gosney Corporation has 2 employees. During the current year, Clinton earns $80,000 and Trahn earns...
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Accounting
Gosney Corporation has 2 employees. During the current year, Clinton earns $80,000 and Trahn earns Siso,000. The OAsor rate is 6.2%; the MHT rate is 1.4s (Hint: OASDI 6.2% tax is on the first $128,400 for the year.) Round calculations to the nearest dollar. Gosney has to pay a Social Security tax of 6,120 for Clinton and for Trahn Fondback Check My Wok Employers must match each employee's Social Security tax payment

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