Question

Felicia is a manager at the All You Can Eat Buffet. She earns $38,550 annually. If she pays 6.2% of her annual income toward Social Security and 1.45% of her income toward Medicare, how much will she pay in FICA tax in one year?

Answer 1

38550 x 6.2% = 2390.1
38550 x 1.45% = 558.98
Total paid - 2949.08