Social Security and Medicare

How much is withheld for Social Security tax if you earn $125?

• $7.75

• $1.81

• $77.50

• $1.82

Tags

CCSS.6.RP.A.3D

How much is withheld for Medicare tax if you make $125?

• $7.75

• $1.81

• $77.50

• $1.82

Tags

CCSS.6.RP.A.3B

Shelly's gross pay for the month is $6223. How much does her employer have to pay for Social Security tax?

• $90.23

• $476.06

• $385.83

• $3858.26

Tags

CCSS.6.RP.A.3D

What is the total withheld from a person's paycheck for Social Security and Medicare combined if they gross $1562?

• $96.84

• $22.65

• $119.49

• $120.27

Tags

CCSS.7.RP.A.3

The total amount of earnings before any deductions are taken out

• Gross Pay

• After-tax Income

• Net Pay

• None of these

Tags

CCSS.7.RP.A.3

The total amount of earnings after all deductions are taken out

• Gross Pay

• After-tax Income

• Net Pay

• None of these

FICA taxes are....

• Federal, State, Social Security, and Medicare

• Social Security and Medicare

• State, Social Security, and Medicare

• Medicare

What percent of your earnings goes to Medicare?

• 1.45%

• 6.2%

• .0145%

• .062%

What percent of your earnings goes to Social Security?

• 1.45%

• 6.2%

• .0145%

• .062%

Stephanie is an independent contractor and earned $9706 one month. How much Social Security and Mecicare Tax combined should be deducted from her pay?

• $601.77

• $281.47

• $140.74

• $1485.02

Tags

CCSS.6.RP.A.3D