An employee earned $43,300 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 S8 96050 S5638.05 53,312 45. 6269460 Multiple Choice . $5,638.05. . S312 45. $2,684 60. 50. since the FICA tax is only deducted from an employee's pay