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An employee earned $42,500 working for an employer in the current year. The current rate for FICA Social Security (5 6.2% payable on earnings up

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An employee earned $42,500 working for an employer in the current year. The current rate for FICA Social Security (5 6.2% payable on earnings up to $128,400 maximum per year and the rate for FICA Medicare 1.45%. The employer's total FICA payroll tox for this employee is Multiple Choice $0 since the FICA tax is only deducted from an employee's pay O $616.25 $3.25125 $2.635.00 $6.502.50

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