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Calculate the total amount of FICA withholding for an employee whose pay is $2,400 for the first pay period of the year. The tax rate
Calculate the total amount of FICA withholding for an employee whose pay is $2,400 for the first pay period of the year. The tax rate for FICA-Social Security is 6.2% and the tax rate for FICA-Medicare is 1.45%.
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