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ACCT 2301.903 - Principles of Financial Accounting n list on 1 tion 2 stion 3 stion 4 Katherine Steubi K Tony's gross pay for the
ACCT 2301.903 - Principles of Financial Accounting n list on 1 tion 2 stion 3 stion 4 Katherine Steubi K Tony's gross pay for the month is $2,500. Tony's deduction for federal income tax is based on a rate of 20%. Tony has no voluntary deductions. Tony's year-to-date pay is under the limit for OASDI. What is the amount of FICA tax withheld from Tony's pay? (Assume a FICA-OASDI Tax of 6.2% and FICA-Medicare Tax of 1.45%. Do not round any intermediate calculations, and round your final answer to the nearest cent.) OA. $191.25 OB. $691.25 OC. $500.00 OD. $358.75
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