asked 107k views
5 votes
Deductions this month: Federal Tax $135.02, FICA $48.52, State $16.23. Find the annual FICA deduction

2 Answers

4 votes
I think the answer is 582.24
answered
User Saeid Nourian
by
8.0k points
2 votes

Answer:

$582.24 is the annual FICA deduction.

Explanation:

Deductions of this month :

Federal tax = $135.02

FICA tax = $48.52

State tax = $16.23

If the amount of FICA deduction for a month is $48.52,

The amount of FICA deduction for a year = $48.52 × 12 = $582.24

Annual FICA deduction is $582.24

answered
User Martin AJ
by
7.9k points
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