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Business, 21.12.2020 18:00 neyssa83

An employee earned $42,900 working for an employer in the current year. The current rate for FICA Social Security is 6.2% payable on earnings up to $128,400 maximum per year and the rate for FICA Medicare 1.45%. The employer's total FICA payroll tax for this employee is:A. $0, since the FICA tax is only deducted from an employee's pay. B. $2,659.80.C. $622.05.D. $6,563.70.E. $3,281.85.

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An employee earned $42,900 working for an employer in the current year. The current rate for FICA So...
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