Sorola Carter’s gross weekly pay is $698. His earnings to date for the year total $20,940. What amount is deducted from his pay this week for Social Security, which is taxed at 6.2 percent? For Medicare, which is taxed at 1.45 percent?

A

$47.33, $31.76

B

$40.10, $10.47

C

$43.28, $10.12

D

none of these




To solve this problem, we need to calculate the amounts deducted from Sorola Carter’s weekly pay for Social Security and Medicare.

### Social Security Calculation

Social Security tax rate = 6.2%

Weekly gross pay = $698

Amount deducted for Social Security:

\[
\text{Social Security deduction} = 698 \times 0.062
\]

\[
\text{Social Security deduction} = 43.276 \approx 43.28
\]

### Medicare Calculation

Medicare tax rate = 1.45%

Weekly gross pay = $698

Amount deducted for Medicare:

\[
\text{Medicare deduction} = 698 \times 0.0145
\]

\[
\text{Medicare deduction} = 10.121 \approx 10.12
\]

### Final Deductions

- **Social Security deduction**: $43.28
- **Medicare deduction**: $10.12

Therefore, the correct answer is:

**C. $43.28, $10.12**

Would you like more details or have any questions?

Here are some related questions:

1. How do you calculate Social Security tax if the annual earnings exceed the wage base limit?
2. What are the current wage base limits for Social Security taxes?
3. How would these deductions change if the tax rates were different?
4. How are Social Security and Medicare taxes different from federal income tax?
5. How can employees verify that their tax deductions are correctly calculated?

**Tip:** Always double-check the applicable tax rates and wage base limits, as these can change annually.

Learn how to calculate Social Security and Medicare deductions from weekly pay using percentage calculations. Solve a real-world problem involving taxation rates of 6.2% for Social Security and 1.45% for Medicare. Suitable for students in Grades 9-12.

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