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bill's gross pay for the week is $950. His deduction for federal income tax is based on a rate of 20%. He has no voluntary
bill's gross pay for the week is $950. His deduction for federal income tax is based on a rate of 20%. He has no voluntary deductions. His year to date pay is under the limit for OASDI. What is the amount of FICA tax that will be withheld from bill's pay? (assume a FICAOA SDI, tax of 6.2% and a FICA Medicare tax of 1.45%. Round any intermediate calculations to two decimal places and your final answer to the nearest dollar.)
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