Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Natalia is a full-time exempt employee who earns $208,500 annually, paid monthly. Her year-to-date pay as of November 30 is $191,125.00. How much will be
Natalia is a full-time exempt employee who earns $208,500 annually, paid monthly. Her year-to-date pay as of November 30 is $191,125.00. How much will be withheld from Natalia for FICA taxes for the December 31 pay date? (Social Security maximum wage is $132,900. Do not round interim calculations, only round final answer to two decimal points.)
A. | $283.21 | |
B. | $328.44
| |
C. | $1,321.19 | |
D. | $408.31 |
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started