Answer:
A) $1,912.50
Explanation:
Both the federal Medicare tax and federal social security taxes are calculated based gross pay.
The medicare tax will be
=1.45% of $25,000
= 1.45/100 x $25,000
=0.0145 x $25,000
=$362.5
Social security tax will be
=6.2/100 x $25,000
=0.062 x $25,000
=$1,550.00
Total taxes = $1550.00 + $362.50
=$1,912.50
