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Can you help me please? An employee earned $43,400 during the year working for an employer when the maximum limit for Social Security was $137700.
Can you help me please? 
An employee earned $43,400 during the year working for an employer when the maximum limit for Social Security was $137700. The Federal Insurance Contributions Act (FICA) tax rate for Social Security is 6.2% and the Federal Insurance Contributions Act (FICA) tax rate for Medicare is 1.45%. The employee's annual Federal Insurance Contributions Act (FICA) taxes amount is Multiple Choice 53,32010 5629.30 56,640.20 $3,320.10 $629,30 $6,640.20 $6.010.90 $2.690.80 Step by Step Solution
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Beyond Audit Auditing Remotely And Delivering Value
Authors: Robert L. Mainardi
1st Edition
1119789605, 978-1119789604
