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Calculating OASDI

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Calculate OASDI, Hi Tax and OASDI taxable wages.
Please see attachment.

The silver Gym Company pays its salaried employees monthly on the last day of each month. The annual salary payroll for 2007 follows. Compute the following for the payroll of December 28.

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The expert examines calculating OASDI.

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Ok, for this question I went to http://www.ssa.gov/OACT/COLA/cbb.html.

It shows you a chart of OASDI taxable wage limits ...

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