Sabrina Duncan had gross earnings for the pay period ending 10/15/20X1 of $5,935. Her total...
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Accounting
Sabrina Duncan had gross earnings for the pay period ending 10/15/20X1 of $5,935. Her total gross earnings as of 9/30/20X1 were $103,400. If Social Security taxes are 6.20% on a maximum earnings threshold of $132,900 per year, Sabrina's Social Security withheld from her 10/15/20X1 paycheck would be:
Multiple Choice
$367.97
$313.47
$424.25
$157.17
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