An employee earned $46,000 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 employees annual FICA taxes amount is:

An employee $46.300 during the year working for an employer when the simulator Social Secury w $20.400. The ICA tar for Social Securtyn 6.2 and the ICA tax rate for Medical The employees at PICA mont MC $6.2017 16:00 o o o o 5358820 0 Multiple Choice $6,489.70. O $670.70. O $3,580.20. O O $2,789.20. $7,160.40