Multiple Choice
Kate received $130,000 in salary in 2018. What is her FICA tax if the Medicare rate is 1.45% and the Social Security rate is 6.2% on a maximum of $128,400 in 2018?
A) $7,961
B) $8,060
C) $9,846
D) $9,945
Correct Answer:
Verified
Correct Answer:
Verified
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