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10 An employee earned $46,600 during the year working for an employer when the maximum limit for Social Security was $118,500 The FICA tax rate

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10 An employee earned $46,600 during the year working for an employer when the maximum limit for Social Security was $118,500 The FICA tax rate for Social Security is 6.2% and the FICA tax rate for Medicare is 1.45%. The employee's annual FICA taxes amount is (8 010750 Multiple Choice O $2889 20 o oo O $675.70 O $7129 80

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