In 2012, to help pay for college, you worked part-time at a local restaurant, earmning $27,000 in wages and tips. Use the following information to calculate your FICA taxes or people who are not self-employed, the 2012 Marginal Tax Rates, Standard Deductions, and Exempt 2012 FICA tax rates were as follows: 10% 15% up to $8700 $8701 to 35,350 5.65% on the first $110,000 from wages and tips 1.45% on income in excess of $110,000 Standard Deduction $5950 Exemptions $3800 axpayers are not permitted to subtract adjustments, exemptions, or deductions person) when determining FICA taxes Calculate your FICA taxes. The FICA taxes are $