An employee earned $42,500 working for an employer in the current year. The current rate for FICA Social Security is 6.2% payable on earnings up to $118,500 maximum per year and the rate for FICA Medicare 145%. The employer's total FICA payroll tax for this employee is: Multiple Choice $6.502.50 $616.25 $3,25025 $2,635.00 Zero, since the FICA tax is a deduction from an employee's pay, and not an employer tax