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Question Help o 8.2.21 Use the 2016 FICA tax rates, shown below, to answer the following question, If a taxpayer is self-employed and earns $169,000,

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Question Help o 8.2.21 Use the 2016 FICA tax rates, shown below, to answer the following question, If a taxpayer is self-employed and earns $169,000, what are the taxpayer's FICA taxes? Matching Rates Paid by the Employee's Rates Employer Self-Employed Rates 7 65% on first $118,500 of 7.65% on first $118,500 paid 153% on first 5118,500 of net income in wages profits 1.45% of income in excess 1.45% of wages paid in 2.9% of net profits in excess of S118,500 excess of $118,500 of $118.500 The FICA taxes are s (Type an integer or a decimal Round to the nearest cent as needed.)

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