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Wyatt Is a Full-Time Exempt Music Engineer Who Earns $150,000

Question 40

Multiple Choice

Wyatt is a full-time exempt music engineer who earns $150,000 annually and is paid semimonthly. As of November 15, his year-to-date gross pay was $131,250. How much will be withheld for FICA taxes for the November 30 pay date? (Social Security maximum wage is $132,900. Do not round intermediate calculations.
Round your final answer to 2 decimal places.)


A) $192.93
B) $224.83
C) $264.20
D) $175.58

Correct Answer:

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