Question
Rate Wage Base Maximum Tax Employee and Employer OASDI: 6.20% $132,900 $8,239.80 Employee* and Employer HI: 1.45%. No limit No maximum During 20--, Matti Conner,
Rate Wage Base Maximum Tax
Employee and Employer OASDI: 6.20% $132,900 $8,239.80
Employee* and Employer HI: 1.45%. No limit No maximum
During 20--, Matti Conner, president of Acme Inc. was paid a semimonthly salary of $6,100. Computer the amount of FICA taxes that should be withheld from her. OASDI HI A. 9th paycheck B. 22nd paycheck C. 24th paycheck D. If Maria's year to date earnings as of her 24th paycheck are $146,400 and her year-end bonus is $100,00, how much is the additional HI tax withheld?
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Advanced Accounting
Authors: Joe Hoyle, Thomas Schaefer, Timothy Doupnik
10th edition
0-07-794127-6, 978-0-07-79412, 978-0077431808
