Question

Jane worked for 10 hours on the weekend. She was paid $7.00 per hour. How much Medicare tax was withheld from her paycheck if the tax rate is 1.45%?

Answer 1

The Medicare tax withheld from her paycheck if the tax rate is 1.45% was $1.015.

Explanation:

First, you have to determine the amount that Jane earned by multiplying the amount she earns per hour for the number of hours she worked:

$7*10=$70

Then, you need to calculate 1.45% of $70:

$70*1.45%=$1.015

According to this, the answer is that the Medicare tax withheld from her paycheck if the tax rate is 1.45% was $1.015.