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An employee earned $43,200 during the year working for an employer when the maximum limit for Social Security was $128,400. The FICA tax rate for

An employee earned $43,200 during the year working for an employer when the maximum limit for Social Security was $128,400. The FICA tax rate for Social Security is 6.2% and the FICA tax rate for Medicare is 1.45%. The employee's annual FICA taxes amount is: Multiple Choice Multiple Choice $6,609.60 $3,304.80 $2.578.40 $5.98320 $526.40

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