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Issue with Medicare Tax EE vs ER
Summary
Issue with Medicare Tax EE vs ER tax calculation with difference amountContent
Hi All,
For one of our clients having issue with Medicare Tax EE vs ER tax calculation amount. As per rule 1.45% should calculate for both employee and employer but calculating with different amounts when there are higher earnings.
Example:
EMP Gross: 5000
Medicare ER Tax: 66.30
Medicare EE Tax:104.61
Can you suggest where it's going wrong?
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