An employee pays what percentage for FICA?
2 answers:
Answer:
7.65%.
Step-by-step explanation:
We are supposed to tell me percentage for FICA that an employee pays.
We know that Federal Insurance Contributions Act is comprised of the social security tax and medicare tax.
The social security tax is 6.2% and social security tax is 1.45%.
Therefore, an employee pays 7.65% percentage for FICA.
You might be interested in
Answer by JKismyhusbandbae: expression 2 and expression 1
Look at the four expressions. Simplify any expressions that can be simplified to see which two are equivalent.
8v × 30v = ( 8 × 30) × ( v × v) =
Since expression 2 can be simplified to expression 1, they are equivalent.