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Author Question: Use the 2012 FICA tax rates in the table below to solve the problem.If you are self-employed and ... (Read 54 times)

iveyjurea

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Question 1

Use the 2012 FICA tax rates in the table below to solve the problem.


If you are not self-employed and earn $128,000, what are your FICA taxes?
◦ $6476
◦ $15,152
◦ $7232
◦ $2612

Question 2

Use the 2012 FICA tax rates in the table below to solve the problem.


If you are self-employed and earn $148,000, what are your FICA taxes?
◦ 19,684
◦ $15,732
◦ $6766
◦ $8244


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Marked as best answer by iveyjurea on Feb 2, 2020

ilianabrrr

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iveyjurea

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Reply 2 on: Feb 2, 2020
Thanks for the timely response, appreciate it


ryhom

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Reply 3 on: Yesterday
Excellent

 

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