Question
s of December 3, 2015, Barry's year-to-date wages for Foxtail Advertising are $118,400. The OASDI limit for 2015 is $118,500, the OASDI tax rate is
s of December 3, 2015, Barry's year-to-date wages for Foxtail Advertising are $118,400. The OASDI limit for 2015 is $118,500, the OASDI tax rate is 6.2% and the HI tax rate is 1.45%. When, on December 17, 2015, Foxtail pays Barry $1,100 in wages, how much FICA tax should Foxtail withhold? Choose one answer. a. $8 b. $70 c. $58 d. $22
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Cost Management Strategies For Business Decisions
Authors: Ronald Hilton, Michael Maher, Frank Selto
3rd Edition
0072830085, 978-0072830088
