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Find the Social Security Tax for the Current Pay Period

Question 68

Multiple Choice

Find the Social Security tax for the current pay period. Assume a 6.2% FICA rate up to a maximum of $115,000.
-Gross Earnings This Year: $108,592.25 Current Period Earnings: $4,442.60


A) $13,587.28
B) $275.44
C) $285.44
D) $397.28

Correct Answer:

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