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Check my work Brief Exercise 8-5 (Algo) Calculate FICA taxes (LO8-3) Mike Samson is a college football coach making a base salary of $634,800

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Check my work Brief Exercise 8-5 (Algo) Calculate FICA taxes (LO8-3) Mike Samson is a college football coach making a base salary of $634,800 a year ($52,900 per month). Employers are required to withhold a 6.2% Social Security tax up to a maximum base amount and a 1.45% Medicare tax with no maximum. Assuming the FICA base amount is $142,800. 1. Compute how much will be withheld during the year for Coach Samson's Social Security and Medicare. (Round your final answers to 2 decimal places.) es Social security Medicare 6170 2. What matching amount will the employer need to contribute? (Round your final answer to 2 decimal places.) Employer's contribution

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