Bailee had a gross income of $2358.33 during each pay period in 2009. If she got paid monthly, how much of her pay was deducted

Question

Burka [1]

3 years ago

10

Bailee had a gross income of $2358.33 during each pay period in 2009. If she got paid monthly, how much of her pay was deducted

for FICA in 2009?

Mathematics

2 answers:

wariber [46] · Answer 1 · 2022-05-13T00:56:07+03:00

wariber [46]3 years ago

8 0

FICA is 6.2% of your gross compensation. To calculate the amount deducted for FICA, determine the gross compensation in 2009. In this problem, Bailee's gross income per month is $2358.33.

Yearly income:

$2358.33 * 12 months = $28,299.96

Thus, the FICA deduction is $1754.60

viva [34] · Answer 2 · 2022-05-13T02:23:44+03:00

viva [34]3 years ago

3 0

That is incorrect it is $2164.95!

Hope that helps