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Tom's gross pay for the month is $3,400. Tom's deduction for federal income tax is based on a rate of 22%. Tom has no voluntary
Tom's gross pay for the month is $3,400. Tom's deduction for federal income tax is based on a rate of 22%. Tom has no voluntary deductions. Tom's yearly pay is under the limit for OASDI. What is the amount of FICA tax withheld from Tom's pay? (Assume a FICAOASDI Tax of 6.2% and FICAMedicare Tax of
1.45%. Do not round any intermediate calculations, and round your final answer to the nearest cent.)
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