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4 Rasheed works for Company A, earning $442,000 in salary during 2020. Assuming he is single and has no other sources of income, what amount
4 Rasheed works for Company A, earning $442,000 in salary during 2020. Assuming he is single and has no other sources of income, what amount of FICA tax will Rasheed pay for the year? (Round your intermediate and final answer to the nearest whole dollar amount.) Amount of FICA tax $ 232,746 5 Kyle, a single taxpayer, worked as a freelance software engineer for the first three months of 2020. During that time, he earned $80,000 of self-employment income. On April 1, 2020, Kyle took a job as a full-time software engineer with one of his former clients, Hoogle Inc. From April through the end of the year, Kyle earned $158,000 in salary. What amount of FICA taxes (self-employment and employment related) does Kyle owe for the year? (Round your intermediate calculations to the nearest whole dollar amount.) Self-employment/FICA tax $ 13,574
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