Multiple Choice
An employee earned $4,300 working for an employer. The current rate for FICA Social Security is 6.2% and the rate for FICA Medicare 1.45%. The employer's total FICA payroll tax for this employee is:
A) $62.35.
B) $266.60.
C) $328.95.
D) $657.90.
E) Zero, since the FICA tax is a deduction from an employee's pay, and not an employer tax.
Correct Answer:
Verified
Correct Answer:
Verified
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