Social Security and Medicare

Jennifer got her first job in 2006. In that year, Social Security tax was 6.2% of income up to $94,200. If Jennifer earned $73,210 in 2006, how much did she pay in Social Security tax?

• $4,539.02

• $1,061.55

• $5,600.57

• $475,865

Jennifer got her first job in 2006. In that year, Medicare tax was 1.45%% of income up to $94,200. If Jennifer earned $73,210 in 2006, how much did she pay in Medicare tax?

• $4,539.02

• $1,061.55

• $5,600.57

• $106,154.50

In 1988, Social Security tax was 7.51%, to the maximum income of $45,000. If Grace earned $51,211 in 1988, how much Social Security did she pay?

• $3,845.95

• $466.45

• $3,379.50

• $6,211

In 1988, Social Security tax was 7.51%, to the maximum income of $45,000. If John paid $2,853.80 in Social Security tax, what was his taxable income?

• $214,320.38

• $21,432.03

• $380

• $38,000

In 2008, the Social Security percentage was 6.2% for the first $102,000 earned. If Nicole earned $143,000 in 2008, how much dis she pay in Social Security taxes?

• $8,866

• $6,324

• $2,542

• $632,400

In 2008, the Medicare percentage was 1.45% for the first $102,000 earned. If Nicole earned $143,000 in 2008, how much dis she pay in Medicare taxes?

• $2,073.50

• $594.50

• $1,479

• $147,900

In 2020, Medicare tax was 1.45%, to the maximum income of $137,700. If Annie paid $1,370.25 in Medicare tax, what was her taxable income?

• $1,996.65

• $19,868.63

• $119,000

• $94,500