An employee earned 43300 working for an employer in the


An employee earned $43,300 working for an employer in the current year. The current rate for FICA Social Security is 6.2% payable on earnings up to $117,000 maximum per year and the rate for FICA Medicare is 1.45%. The employer's total FICA payroll tax for this employee is:

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Financial Accounting: An employee earned 43300 working for an employer in the
Reference No:- TGS01696336

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