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1) Single female, no dependents Gross income: $35,000 Adjustments: $3000 Deductions: $2000 charitable contributions $2500 state taxes Tax credit: none Use the 2016 FICA tax
1) Single female, no dependents
Gross income: $35,000
Adjustments: $3000
Deductions:
$2000 charitable contributions
$2500 state taxes
Tax credit: none
Use the 2016 FICA tax rates in the table below to solve the problem. Round your answer to the nearest dollar.
2) If you are not self-employed and earn $156,500, what are your FICA taxes?
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