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:

Verified
Correct Answer:
Verified
Related Questions
Q8: Which of the following statements is not
Q9: When calculating taxable income, you are allowed
Q10: If you are a surviving spouse, you
Q11: Tax brackets are income levels that have
Q12: If you are a married taxpayer, you
Q14: The Tax Cuts and Jobs Act of
Q15: Melanie and Jim, homeowners, have mortgage interest
Q16: Medicare is a government health insurance program
Q17: If you are paying taxes at the
Q18: Which of the following taxes is only