An employee earned $42,700 working for an employer in the current year. The current rate for FICA Social Security is 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 tax for this employee is: Multiple Choice $6,533.10. $3,266.55 $61915. $0, since the FICA tax is only deducted from an employee's pay. $2,647.40