Question
Natalia is a full-time exempt employee who earns $208,000 annually, paid monthly. Her year-to-date pay as of November 30 is $190,666.67. How much will be
Natalia is a full-time exempt employee who earns $208,000 annually, paid monthly. Her year-to-date pay as of November 30 is $190,666.67. How much will be withheld from Natalia for FICA taxes for the December 31 pay date? (Social Security maximum wage is $128,400. Do not round intermediate calculations. Round your final answer to 2 decimal places.)
Multiple Choice
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$282.53
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$323.33
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$1,326.00
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$407.33
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Financial Accounting And Reporting
Authors: Barry Elliott, Jamie Elliott
3rd Edition
0139488944, 978-0139488948
