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1. Mary and Sue both work for WAWA. They both make $50,000 and they also each have $1000 a year in health care expenses. Mary

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1. Mary and Sue both work for WAWA. They both make $50,000 and they also each have $1000 a year in health care expenses. Mary deposits $1000 a year into a dependent care flexible spending account while Sue does not. They both have a tax rate of 15%. How much does Mary save vs. Sue in a given year? (2 points) 2. Alex made $400,000 in 2023 . How much did she pay in FICA taxes? (1 point) 3. Dana made 95,000 in 2023. How much did she pay in total FICA taxes? (1 point) 4. Luke works for a company that provides him health insurance on non-contributory basis. His employer spends $9,000 on this health insurance. What is the pre-tax salary equivalent of this tax free benefit if his tax rate is 22% ? (2 points) 5. Lori made $310,000 in 2023 . How much did she pay in FICA taxes? (1 point) 6. Gabby works for a company that provides her and her family health insurance on noncontributory basis. Her employer spends $14,500 on this health insurance. What is the pretax salary equivalent of this tax free benefit if her tax rate is 17% ? (2 points) 7. Debbie made 170,000 in 2023. How much did she pay in total FICA taxes? (1 point) 8. Keith and Joe both work for Google. They both make $89,000 and they also each have $3300 a year in childcare expenses. Keith deposits $3300 a year into a dependent care flexible spending account while Joe does not. They both have a tax rate of 26%. How much does Keith save vs. Joe in a given year? (2 points)

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