Ask Question
13 February, 19:15

The social security deduction is withheld at a standard rate of 6.2 percent. suppose your gross pay this week is $500. how much social security tax will be withheld from your paycheck?

+5
Answers (1)
  1. 13 February, 19:39
    0
    6.2% = 0.062

    500*0.062=31$

    You will have $31.00 withheld from your paycheck this week for Social Security.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “The social security deduction is withheld at a standard rate of 6.2 percent. suppose your gross pay this week is $500. how much social ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers