Multiple Choice
Kate received $130,000 in salary in 2017. What is her FICA tax if the Medicare rate is 1.45%, the Social Security rate is 6.2% on a maximum of $127,200 in 2017?
A) $7,886
B) $8,060
C) $9,771
D) $9,945
Correct Answer:
Verified
Correct Answer:
Verified
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