48. LO.5 During 2013, Greg Cruz (1401 Orangedale Road, Troy, MI 48084) works for Maple Corporation and Gray Company. He earns $75,000 at Maple Corporation where he is a full-time employee. Greg also works part-time for Gray Company for wages of

$45,000.

a. Did Greg experience an overwithholding of FICA taxes? Write a letter to Greg and a memo for the tax files in which you explain your conclusion.

b. Did Maple Corporation and Gray Company overpay the employer’s portion of FICA?

Explain.