Solved

If You Have a Salary of $30,000,an IRA Deduction of $2,000,a

Question 7

Multiple Choice

If you have a salary of $30,000,an IRA deduction of $2,000,a standard deduction of $4,400,and a FICA rate of 7.65 percent,how much did you pay in FICA this year?


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

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q8: Ralph and Josee have adjusted gross income

Q16: Medicare is a government health insurance program

Q23: Which of the following is not a

Q44: The government usually adjusts the exemptions and

Q52: _ are specific expenses instead of a

Q60: Taxpayers can have more than the minimum

Q65: When you own a house as a

Q75: List your income,deductions,adjusted gross income,number of exemptions

Q77: If you were to receive $100,000 from

Q85: You should claim itemized deductions if<br>A) itemized