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An employee earned $45,600 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 $45,600 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 $6,315.60 $2.827.20 $6.976.80. $3,488.40. O O $661.20

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