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If You Have a Salary of $30,000, an IRA Deduction

Question 13

Multiple Choice

If you have a salary of $30,000, an IRA deduction of $2,000, a standard deduction of $12,000, and a FICA rate of 7.65 percent, how much did you pay in FICA taxes this year?


A) $1,805
B) $1,958
C) $2,142
D) $2,295

Correct Answer:

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