An employee earned $45,200 during the year working for an employer when the maximum limit for social security was $117,000. the fica tax rate for social security is 6.2% and the fica tax rate for medicare is 1.45%. the employee's annual fica taxes amount is:

Respuesta :

Employer's Total FICA Tax = $45,200 * (0.062 + 0.0145) = $3,457.8