asked 223k views
4 votes
Employees in 2012 paid 4.2% of their gross wages towards social security (FICA tax), while employers paid another 6.2%. How much will someone earning $67,000 a year pay towards social security out of their gross wages?

1 Answer

4 votes

Answer:

How much will someone earning $67,000 a year pay towards social security out of their gross wages?

67.000*4,2/100=2.814

Explanation:

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