Question
An employee has year-to-date earnings of $114,500. The employee's gross pay for the next pay period is $4,800. If the FICAOASDI is 6.2% and the
An employee has year-to-date earnings of
$114,500.
The employee's gross pay for the next pay period is
$4,800.
If the
FICAOASDI
is
6.2%
and the wage base is
$117,000,
how much
FICAOASDI
tax will be withheld from the employee's pay? (Answer is rounded to whole dollar.)
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Financial accounting
Authors: Walter T. Harrison Jr., Charles T. Horngren, C. William Thom
9th edition
978-0132751216, 132751127, 132751216, 978-0132751124
