Multiple Choice
Compute employee FICA taxes for the year on earnings of $108,000 at 6.2% on a limit of $106,800 for OASDI and 1.45% for Medicare.
A) $8,187.60
B) $8,262.00
C) $8,170.20
D) $6,621.60
Correct Answer:
Verified
Correct Answer:
Verified
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