Question
An employee works for Acme Corporation and is paid biweekly. For the most recently completed pay period, he earned $1,000 in gross pay and he
An employee works for Acme Corporation and is paid biweekly. For the most recently completed pay period, he earned $1,000 in gross pay and he has been paid $40,000 year-to-date. John has no deductions or other items increasing or decreasing his FICA taxable income. Please calculate the FICA withholding for the employee’s current paycheck.
An employee is paid $1,000 weekly. Calculate FICA taxes on the employee’s week 51 and 52 paychecks for the year.
An employee is paid $2,500 weekly. Calculate FICA taxes on the employee’s week 51 and 52 paychecks for the year.
An employee earns $65,000 from W-2 related employment and $35,000 from self-employment in 2015. Please calculate:
a. Earnings subject to SE Tax
b. Amount of SE Tax in total
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