Calculate the hi portion of fica taxes for his current


Carl Swanson has cumulative wages for the year of $203,800. His self-employment wages equal $5,200. Calculate the HI portion of FICA taxes for his current pay.

a.$75.40

b.$197.60

c.$322.40

d.$150.80

 

Solution Preview :

Prepared by a verified Expert
Accounting Basics: Calculate the hi portion of fica taxes for his current
Reference No:- TGS02564818

Now Priced at $10 (50% Discount)

Recommended (96%)

Rated (4.8/5)