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#2 FEDERAL INSURANCE CONTRIBUTIONS ACT (FICA) YOU PAY: YOUR EMPLOYER PAYS: TOTAL: SOCIAL SECURITY 6.20% 6.20% 12.40% MEDICARE 1.45% 1.45% 2.90% TOTAL: 7.65% 7.65%
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FEDERAL INSURANCE CONTRIBUTIONS ACT (FICA) YOU PAY: YOUR EMPLOYER PAYS: TOTAL: SOCIAL SECURITY 6.20% 6.20% 12.40% MEDICARE 1.45% 1.45% 2.90% TOTAL: 7.65% 7.65%Step by Step Solution
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