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9 An employee earned $43,400 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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9 An employee earned $43,400 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: Multiple Choice 20.58:09 0 $6,010.90 Book O S629.30 . $2,690.80 $6,640.20. $3,320.10

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