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MC Qu. 85 An employee earned... An employee earned $43,600 during the year working for an employer when the maximum limit for Social Security was

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MC Qu. 85 An employee earned... An employee earned $43,600 during the year working for an employer when the maximum limit for Social Security was $118.500. The FICA tax rate for Social Security is 6.2% and the FICA tax rate for Medicare is 1.45%. The employee's annual FICA taxes amount is: points eBook $6,038.60 References $6,670.80. $632.20. $3,335.40 $2.703.20

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