Use the 2016 FICA tax rates, shown below to answer the following question If a taxpayer is not self-employed and earns $124.000, what are the taxpayer's FICA taxes? Matching Rates Paid by Employee's Rates the Employer Self-Employed Rates 7.65% on first $118,500 of 7.65% on first 5118,500 paid 15.3% on first 5118,500 of net income 1.45% of income in excess 1.45% of wages paid in 2.9% of net profits in excess of $118,500 excess of $118,500 of $118,500 in wages profits FICA taxes are $ (Type an integer or a decimal Round to the nearest cent as needed)