Beginning with the first pay of the year, Carson will make $2,700 each week. In which numbered pay of the year will Carson hit the OASDI taxable limit?

Respuesta :

Answer:

With the 48th pay of the year, Carson will hit the OASDI taxable limit.

Explanation:

As per the OASDI taxable limit for 2018 is $128500.

Thus the tax day is calculated as

[tex]\$128700/\$2700\\=47.66 \approx 48[/tex]

So the tax day is the 48th pay day.  And thus with the 48th pay of the year, Carson will hit the OASDI taxable limit.