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.
Answer:
TWO BUCKS?? ballin on a budget
anyways, if there are 16 guests, the party would cost $50. sounds a lot more correct lol
Answer:
2x -8
Step-by-step explanation:
f (x) = 3x - 5
g(x) = x + 3,
(f - g)(x) = 3x - 5 - ( x+3)
Distribute the minus sign
= 3x-5 -x-3
Combine like terms
= 2x -8
