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Assuming a FICA tax rate of 7.65% on the first $127,200 in wages, 1.45% on amounts in excess of $127,200, and a federal income
Assuming a FICA tax rate of 7.65% on the first $127,200 in wages, 1.45% on amounts in excess of $127,200, and a federal income tax rate of 20% on all wages, what would be an employee's net pay for the year if he earned $172000 for the year? O $137600 O $136803 O $127220 O $128650
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