The annual FICA (Federal Insurance Contributions Act) tax is composed of two parts: Social Security and Medicare Taxes. On the employee's side, he/she has to shoulder 6.2% of the annual salary for the Social Security Tax, and 1.45% of the annual salary for the Medicare Tax. So in total, FICA takes 7.65% of your annual salary as tax. To calculate the FICA tax to be paid, this is shown below:
$38,480 x 7.65% = $2943.72
Therefore, for an annual salary of $38,480, $2943.72 goes into FICA tax payment.
Answer:
in step 4
Step-by-step explanation:
we have
so step 1 is correct
step 2
so step 2 is correct
step 3
so step 3 is correct
step 4
so step 4 is incorrect
Answer:
=8b + 5
Step-by-step explanation:
do you need an explantion
Answer: Scale Factor = 3
Step-by-step explanation:
The top side of the blue triangle is equal to 2 and the top side of the red triangle is equal to 6. Therefore you hav to divide 6 by 2 to give you the scale factor which is 3. (Sorry I do not know if zoom factor is the same as scale factor)
