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An employee earned $45,400 during the year working for an employer when the maximum limit for Social Security was $128,400. The FICA tax rate for

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An employee earned $45,400 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 $3,473.10. $6,287.90. $2,814.80. $6,946.20. $658.30

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