The tax is 7.25% of $56.96.
7.25% of $56.96 =
= 7.25% * $56.96
= 0.0725 * $56.96
= $4.1296
The answer rounds to $4.13
Answer:
$25.20
Step-by-step explanation:
$35 x 0.28
= $9.80
35-9.80
= $25.20
FICA or Federal Insurance Contributions Act is composed of social security tax and medicare tax. Hence, we need to add these taxes to get the FICA tax.Social Security Tax is = 6.2%Medicare Tax is = 1.45%
Social Security Tax = 36,038*.062 = 2,234.356 Medicare Tax = 36,038*.0145 = 522.552
2,234.356 + 522.552 = 2,756.907 or 2,756.91
Therefore, Elias paid B.) 2,756.91 as FICA tax for the year.
8 divided by 2 is 4, so multiply 3/4 by 2, 6/8, than you have your answer, 6.
The answer be negative 158 or -158