Question
Don gets paid $160,000 per year. Given the maximum taxable wage base of $117,000 (2014) for the social security portion of FICA, how much would
Don gets paid $160,000 per year. Given the maximum taxable wage base of $117,000 (2014) for the social security portion of FICA, how much would Don pay in FICA (including the Medicare portion)? Select one: a. $9,574.00 b. $8,950.50 c. $9,920.00 d. $12,240.00
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Financial Management For Public, Health, And Not-for-Profit Organizations
Authors: Steven A. FinklerDaniel L. Smith, Thad D. Calabrese
6th Edition
978-1506396811, 150639681X
