Question
An employee earned $43,600 during the year working for an employer when the maximum limit for Social Security was $117,000. The FICA tax rate for
An employee earned $43,600 during the year working for an employer when the maximum limit for Social Security was $117,000. 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: $6,670.80. $6,670.80. $632.20. $3,335.40. $2,703.20.
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Designing Strategic Cost Systems How To Unleash The Power Of Cost Information
Authors: Lianabel Oliver
1st Edition
9780471653585
