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OpenStudy (anonymous):
The limit in 2008 for FICA tax was 102,000. So if an individual makes $314,000 in one year, how much in "continuing" medicare tax will they have to pay? (Medicare tax is 1.4% for individuals and 2.9% for the self-employed.) 2,968.00 4,396.00 6,148.00 9,106.00
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OpenStudy (anonymous):
2,968.00?
OpenStudy (anonymous):
@Agl202
OpenStudy (anonymous):
@cmtboy2
OpenStudy (cmtboy2):
a i think
OpenStudy (anonymous):
thanks
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