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Dave Brown's Cumulative Earnings Are $102,000,and His Gross Pay for the Week

Question 111

Multiple Choice

Dave Brown's cumulative earnings are $102,000,and his gross pay for the week is $5,300.If the FICA rates are: OASDI 6.2% on a limit of $117,000 and Medicare is 1.45%,what are his FICA-OASDI and FICA-Medicare taxes for the week?


A) $297.60;$76.85
B) $0;$0
C) $31.00;$7.25
D) $328.60;$76.85

Correct Answer:

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