Adam Is a Part-Time Employee Who Earned $495

question 52

Multiple Choice

Adam is a part-time employee who earned $495.00 during the most recent pay period. He is married with two withholding allowances. Prior to this pay period, his year-to-date pay is $6,492.39. How much should be withheld from Adam's gross pay for Social Security tax?

• A) $30.69
• B) $28.46
• C) $40.02
• D) $37.92

---

Definitions:

U.S. Dollar

A monetary unit of the United States, symbolized as $, and considered one of the world's most dominant reserve currencies.

Exchange Rate

The worth of a currency when exchanging it for another currency.

Australian Dollars

The official currency of Australia, represented by the symbol AUD.

Exchange Rate

The value of one currency for the purpose of conversion to another.