Multiple Choice
Ethan received $135,000 in salary in 2018. What is his FICA tax if the Medicare rate is 1.45%, the Social Security rate is 6.2% on the 2018 maximum of $128,400, and the FUTA rate is 6% on a $7,000 maximum?
A) $9,823
B) $9,918
C) $10,243
D) $10,328
Correct Answer:
Verified
Correct Answer:
Verified
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