Information Use the following tax rates, ceiling and maximum taxes: Employee and Employer OASDE: 6.20% $142,800 $8,853.60 Employee and Employer HI: 1.45% Self-employed OASDI 12.4% No limit $142,800 No maximum $17,707.20 Self-employed HI: 2.9% No limit No maximum "Employee Hi: Plus an additional 0.9% on wages over $200,000. Also applicable to self-employed. Rounding Rules: Unless instructed otherwise compute hourly rate and overtime rates as follows: 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 b one and one-half to determine the overtime 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, drop the third decimal place. Also, use the minimum hourly wage of $7.25 in solving these problems and all that follow. During 20-, Garr was paid a weekly salary of $2,850. The amount of FICA to be withheld from the following payments is: Round your answers to the nearest cent. your answer is zero, enter "0". a. For the 50th week b. For the 51st week c. For the 52nd week OASDI HI Problem Information Use the following tax rates, ceiling and maximum taxes: Employee and Employer OASDI 6,20% $142,8001 $8,853.60 Employee and Employer HI: 1.45% Self-employed OASDI 12.4% No limit $142,800 No maximum $17,707.20 Self-employed HI 2.9% No limit No maximum *Employee Hi: Plus an additional 0.9% on wages over $200,000. Also applicable to self-employed. Rounding Rules: Unless instructed otherwise compute hourly rate and overtime rates as follows: 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 overtime 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, drop the third decimal place. Also, use the minimum hourly wage of $7.25 in solving these problems and all that follow. On August 1, Huff (part-time waitress) reported on Form 4070 the cash tips of $158.50 that she received in July. During August, Huff was paid wages of $550 by her employer. Determine the following: Round your answers to the nearest cent. a. The amount of social security taxes that the employer should withhold from Huff's wages during August: b. The amount of the employer's social security taxes on Huff's wages and tips during August: OASDI HI Problem Information Use the following tax rates, celling and maximum taxes Employee and Employer OASDI Employee and Employer H Self-employed OASO: 6.20% 1.45% 12.4% $142,800 No limit $142,800 $8,853.60 No maximum $17,707.20 Self-employed HI: 2.9% No limit No maximum. "Employee Ht: Plus an additional 0.9% on wages over $200,000. Also applicable to self-employed. Rounding Rules: Unless instructed otherwise compute hourly rate and overtime rates as follows: 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 overtime 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, drop the third decimal place. Also, use the minimum hourly wage of $7.25 in solving these problems and all that follow. In this pay, Moss Company deducted OASDI taxes of $5,276.24 and HI taxes of $1,233.95 from the $85,100.90 of taxable wages paid. What is Moss Company's portion of the social security taxes for: Round your answers to the nearest cent. a. OASDI b. HI