What will be the total deduction for social security and Medicare taxes on Juanita's next biweekly paycheck of $2,000 if she has already earned $6,000 this year? Social security tax is 6.2% of wages up to $106,800. Medicare tax is 1.45% of all wages.
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(2,000 * 0.062) + (2,000 * 0.0145) = ?
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