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BMX Company has one employee FICA Social Security taxes are 62% of the first $137,700 paid to its employee and FICA Medicare taxes are 145%

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BMX Company has one employee FICA Social Security taxes are 62% of the first $137,700 paid to its employee and FICA Medicare taxes are 145% of gross pay For BMX, its FUTA taxes are 0.6% and SUTA taxes are 5.4% of the first $7000 paid to its employee Gross Pay through Gross Pay for August 31 September a. 55,500 $ 2,300 3,000 3.100 C. 152,400 9.000 a) Tax September Earnings Subject to Tax Tax Rate Tax Amount FICA-Social Security FICA-Medicare FUTA SUTA b) Tax September Earnings Subject to Tax Tax Rate Tax Amount FICA_Social Security FICA-Medicare FUTA SUTA c) Tax September Earnings Subject to Tax Tax Rate Tax Amount FICA Social Security FICA Medicare FUTA SUTA

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