Business, 22.03.2021 22:30 Chewbacka2020
In January, gross earnings in Tuyen Company were $40,000. The 7.65% FICA tax rate consists of the Social Security tax rate of 6.2%
on salaries and wages up to $128,400 and the Medicare tax rate of 1.45% on all salaries and wages. Federal income tax withheld
was $9.000, and state income tax withheld was $1,000.
Answers: 1
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In January, gross earnings in Tuyen Company were $40,000. The 7.65% FICA tax rate consists of the So...
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