An employee earned $138,500 working for an employer in the current year. The current rate for FICA Social Security is 6 2% payable on earnings up to $127,200 maximum per year and the rate for FICA Medicare 1 45% of all earnings. The employer's total FICA payroll tax for this employee is: Multiple Choice $9,894.65 $10,59565 $10,595.65 $9,730.80. $2,008.25 SO, since the FICA tax is only deducted from an employee's pay 29 of 50Next>