Multiple Choice
Ethan received $135,000 in salary in 2019.What is his FICA tax if the Medicare rate is 1.45% and the Social Security rate is 6.2% on the 2019 maximum of $132,900?
A) $10,327.50
B) $10,197.30
C) $10,166.85
D) $9,918.30
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q19: What is included in Jerry's gross income
Q20: Mason owns 45% of an S corporation
Q21: Elena owns 25% of a partnership that
Q22: Any current changes to the tax laws
Q23: Deazia is the sole proprietor of Baldwin
Q25: Harold has a 50% interest in a
Q26: Elena owns 25% of a partnership that
Q27: The lowest tax rate on the tax
Q28: Which of the following federal income tax
Q29: In which of the following entities may