Example 3-1 During 2019, Matti Conners, president of Maggert Company, was paid a semimonthly salary of $7,600. Compute the amount of FICA tases that shold be witd from her an a tis rs, nter " OASDI HE a. 9th paycheck 17th paycheck 24th paycheck d. If Matti Conners's year to date earnings as of her 24th paycheck are $182,400, and her year end bonus is $100,000, how much is the additional 0.9% HI tax withheld Note: In this chapter and in all succeeding work throughout the course, unless instructed otherwise, use the following rates, ceiling, and maximum taxes. Employee and Employer OASDI 6.20 % $128,400 $7,960.80 Employee and Employer HI Self-employed OASDI Self-employed HI 1.45% No limit No maximum 12.4% $128,400 $15.921.60 2.9% No limit No maximum 1. Carry the hourly rate and the overtime rate to 3 decimal places and then round off to 2 decimal places (round the hourly rate to 2 decimal places before multiplying by one and one-half to determine the over- time rate). 2. If the third decimal place is 5 or more, round to the next higher cent. 3. If the third decimal place is less than 5, simply drop the third decimal place. Examples: Monthly rate $1,827 Weekly rate ($1,827 x 12)/52 $421.615 rounded to $421.62 Hourly rate $421.62/40 $10.540 rounded to $10.54 O.T. rate $10.54 x 1.5-$15.81 Also, use the minimum hourly wage of $7.25 in solving these problems and all that follow. Employee HII Plus an additional 0.9% on wages over $200,000. Also applicable to self-employed. Example 3-1 During 2019, Matti Conners, president of Maggert Company, was paid a semimonthly salary of $7,600. Compute the amount of FICA taxes that should bm withheld from her. If an amount is zero, enter "o" OASDI I a. 9th paycheck b. 17th paycheck e. 24th paycheck