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Dave Brown's cumulative earnings are $127,000, and his gross pay for the week is $6,200. What are his FICA-OASDI and FICA-Medicare taxes for the week?
Dave Brown's cumulative earnings are $127,000, and his gross pay for the week is $6,200. What are his FICA-OASDI and FICA-Medicare taxes for the week? OASDI limit is $128,400, OASDI rate is 6.2%, Medicare rate is 1.45%.
Group of answer choices
$86.80; $89.90
$394.40; $89.90
$384.40; $0
$0; $0
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