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An employee earned $3,300 working for an employer in the current year. the current rate for fica social security is 6.2% payable on earnings up to $117,000 maximum per year and the rate for fica medicare 1.45%. the employer's total fica payroll tax for this employee is:

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User Amdn
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1 Answer

4 votes
Employer's Total FICA Tax = $3,300 * (0.062 + 0.0145) = $252.45
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User Alexdor
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