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Question Use these tax rates and taxable wage: OASDI -6.2% on the first $137,700: HI-1.45% on all taxable wages. Johnson is the sole proprietor
Question Use these tax rates and taxable wage: OASDI -6.2% on the first $137,700: HI-1.45% on all taxable wages. Johnson is the sole proprietor of Nails & More. During the year, her earnings were $81,200. What are her self-employment taxes (OASDI and HI) on these earnings? $12.194.10 O $6.211.80 $12,423.60 $0 n Question 2 Form 940 is used by employers to make their quarterly return of FICA taxes and withheld income taxes. O True O False
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