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Art Parrish,the Sole Employee of Parrish Sales,has Gross Salary for March

Question 47

True/False

Art Parrish,the sole employee of Parrish Sales,has gross salary for March of $4,000.The entire amount is under the OASDI limit of $106,800,and thus subject to FICA.The total amount of FICA that the company pays to the government on Art Parrish's behalf is $612.

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