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Elizabeth is self-employed. Prior to this month, she had already earned $50,000. If she earns $4,000 this month What are the amounts of FICA taxes

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Elizabeth is self-employed. Prior to this month, she had already earned $50,000. If she earns $4,000 this month What are the amounts of FICA taxes she must pay? (Assume the standard tax percentages discussed in class for any applicable taxes.) $612.00 $306.00 $400, which represents 10% of earned income. None of the choices are correct. As a self-employed person, Elizabeth does not pay FICA taxes

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