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.During 2020 , Greg Cruz (1401 Orangedale Road, Troy, MI 48084) works for Maple Corporation and Gray Company. He earns $96,000 at Maple Corporation, where
.During 2020, Greg Cruz (1401 Orangedale Road, Troy, MI 48084) works for Maple Corporation and Gray Company. He earns $96,000 at Maple Corporation, where he is a full-time employee. Greg also works part-time for Gray Company for wages of $54,000.
- a. Did Greg experience an overwithholding of FICA taxes?
- b. Did Maple Corporation and Gray Company overpay the employers portion of FICA? Explain.
PLEASE SHOW WORK AND DO CALCULATIONS FOR 2020
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