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Ian earned $150,000 of salary as an employee in 2020. How much should his employer have withheld from his paycheck for FICA taxes (rounded to
Ian earned $150,000 of salary as an employee in 2020. How much should his employer have withheld from his paycheck for FICA taxes (rounded to the nearest whole dollar amount)?
A) $2,175
B) $10,712
C) $8.537
D) $11,475
Boyd and Susan are married filing jointly in 2020. They have three children for whom they may claim the child tax credit. Their AGI was $415,000. What amount of child tax credit may they claim on their 2020 tax return?
A) $0
B) $3,000
C) $5,250
D) $6,000
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