Steve Is a Full-Time Exempt Employee at a Local Electricity

question 65

Multiple Choice

Steve is a full-time exempt employee at a local electricity co-operative. He earns an annual salary of $43,325 and is paid biweekly. What is his Social Security tax deduction for each pay period? (Do not round interim calculations, only round final answer to two decimal points.)

• A) $123.95
• B) $103.31
• C) $98.67
• D) $106.34

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