An Employee Earned $43,300 Working for an Employer in the Current

question 94

Multiple Choice

An employee earned $43,300 working for an employer in the current year.The current rate for FICA Social Security is 6.2% payable on earnings up to $117,000 maximum per year and the rate for FICA Medicare 1.45%.The employer's total FICA payroll tax for this employee is:

• A)$8,950.50.
• B)$5,638.05.
• C)$3,312.45.
• D)$2,684.60.
• E)$0,since the FICA tax is only deducted from an employee's pay.

---

Definitions:

Increases Helping

The phenomenon where incidents or conditions lead to a rise in actions intended to provide aid or benefit to others.

Communal Orientation

A perspective or attitude emphasizing the importance of community, relationships, and collective well-being over individualistic goals.

Guilt Proneness

The predisposition of an individual to feel guilty for wrongdoing, even when such guilt may not be warranted.

Collective Guilt

The emotion felt when individuals perceive their group as responsible for wrongful actions, even if they as individuals did not participate in such actions.