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The FICA tax for Social Security is 6.2% and the FICA tax for Medicare is 1.45%. An employee's share of both FICA taxes was $3,

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The FICA tax for Social Security is 6.2% and the FICA tax for Medicare is 1.45%. An employee's share of both FICA taxes was $3, 901.50. Given that this employee did not exceed the FICA earnings limitation, compute gross pay. $269, 068.96. $62, 927.42. $29, 846.48. $51, 000. Zero, since the employee's pay did not exceed the FICA limit

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