Question

In 2008 Yolanda paid 4873 in social security tax. If the Social Security tax rate was 6.2% to the maximum income and 94,200 that you what was yolandas is taxable income

Answer 1

Explanation:

taxable income x social security tax rate = social security tax

taxable income x .062(6.2%) = 4873

taxable income = 4873/.062

taxable income = 78596.77

Answer 2

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