Laura is selfemployed and expects to make $96,000 her social security tax is 12.4% up to the wage base, medicare is 2.9% and her estimated federal tax rate is 25% what is Lauras expected tax payment for the fourth quarter.

Question

would it be $9,672.00

Answer 1

Math assistance needed.

Answer 2

could you please help
Thank you

Answer 3

Yes, it is.