Question

Gross Pay: $1287.50 Calculate Social Security Tax (1.45% of Gross Pay):

Answer 1

$18.67

Explanation:

First, convert the percentage to a decimal.

1.45% = 0.0145

Then, multiply the gross pay by the decimal.

$1287.50 × 0.0145 = $18.67

The Social Security Tax will be $18.67.