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2 years ago

13

Felicia is a manager at the All You Can Eat Buffet. She earns $38,550 annually. If she pays 6.2% of her annual income toward Soc

ial Security and 1.45% of her income toward Medicare, how much will she pay in FICA tax in one year?

1 answer:

castortr0y [4]2 years ago

4 0

Answer: 6.2 + 1.45 is 7.65% which as a decimal is 0.0765 so multiply that by 38550.

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