Question

You make $7.25/hr and your boss

Answer 1

The question's payroll (FICA) taxes total 0.2295.

Considering the information provided,

7.65% of payroll (FICA) taxes

Boss promises a minimum of 3 hours each week and not more than 18 hours.

We have, 3 × 0.0765

= 0.2295

Amount of payroll taxes that will be taken out of your paycheck.

= 0.2295

FICA Taxes: The Federal Income Contributions Act, also known as FICA, is the name of the payroll tax deduction used in the United States to pay for Social Security and Medicare. Tens of millions of seniors, Americans with disabilities, and children receive financial and medical benefits from those well-known government programs. Both employees and the employers they work for are jointly liable for FICA taxes.

Learn more about FICA Taxes:

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