Question

Shelly Consuelo's gross pay for the month is $6,223. Her earnings to date for this year are $23,631. How much does her employer deduct from her paycheck this month for Social Security?

A. $375.83
B. $385.83
C. $395.83
D. $405.38

Answer 1

Shelly Consuelo's employer will deduct $385.83 for Social Security from her monthly paycheck, which is calculated by multiplying her gross pay of $6,223 by the Social Security tax rate of 6.2%.

Step-by-step explanation:

The student's question pertains to calculating the Social Security tax deduction from Shelly Consuelo's monthly gross pay. The Social Security tax rate is 6.2% of the gross pay. To find the deduction, we multiply the gross pay by the Social Security tax rate:

Deduction = Gross Pay × Social Security Tax Rate

Deduction = $6,223 × 0.062

Deduction = $385.83

Therefore, the correct answer is B. $385.83.