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Business, 12.04.2021 01:00 vincentfriend

Robert Martin’s gross earnings for the week ending on December 27 amount to $2,200. His cumulative gross earnings for the year up through his last pay date amount to $89,300. Using the table below, calculate the FICA tax deduction for the current pay period. FICA Tax Rate 2% 4% 6% 8% 10%
Salary Amount $25,000– $50,000 $50,001– $70,000 $70,001– $85,000 $85,001– $100,000 $100,001– $175,000
A. $7,144
B. $176
C. $56
D. $7,200

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Robert Martin’s gross earnings for the week ending on December 27 amount to $2,200. His cumulative g...
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