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An employee earned $43,500 working for an employer in the current year. The current rate for FICA Social Security is 6.2% payable on earnings up

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An employee earned $43,500 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 $6,655.50. $2,697.00 $0, since the FICA tax is only deducted from an employee's pay. $3,327.75 O $630.75

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