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The employees of Lillian's Interiors are paid on a semimonthly basis. Required: Compute the FICA taxes for the employees for December 31, 2022, pay period.
The employees of Lillian's Interiors are paid on a semimonthly basis.
Required:
Compute the FICA taxes for the employees for December 31, 2022, pay period. All employees are single and have been employed for the entire calendar year.
Note: Round "Social Security Tax" and "Medicare Tax" to 2 decimal places.
\begin{tabular}{|l|cr|c|c|c|} \hline \multicolumn{1}{|c|}{ Employee } & SemimonthlyPay & SocialYTDPayforDecember15PayDate & SecurityTaxforDecember31PayDate & MedicareTaxforDecember31PayDate \\ \hline W. Babish & $ & 8,415 & & & \\ \hline G. Hanoush & $ & 6,365 & & & \\ \hline R. Fezzeti & $ & 9,340 & & & \\ \hline T. Gomez & $ & 4,640 & & & \\ \hline N. Bertraud & $ & 5,795 & & & \\ \hline R. LaPonte & $ & 5,040 & & & \\ \hline \end{tabular}
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