An employee has year-to-date earnings of ($143,903.) The employees gross pay for the next pay period is
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An employee has year-to-date earnings of \($143,903.\) The employee’s gross pay for the next pay period is \($5,000.\) If the FICA—OASDI is 6.2% and the wage base is \($147,000,\) how much FICA—OASDI tax will be withheld from the employee’s pay?
a. \($192\)
b. \($210\)
c. \($310\)
d. \($73\)
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Related Book For
Horngrens Accounting The Financial Chapters
ISBN: 9780137884858
14th Edition
Authors: Brenda Mattison, Tracie Miller-Nobles
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