Examlex

Solved

Ethan Received $135,000 in Salary in 2019

question 24

Multiple Choice

Ethan received $135,000 in salary in 2019.What is his FICA tax if the Medicare rate is 1.45% and the Social Security rate is 6.2% on the 2019 maximum of $132,900?


Definitions:

Risk Factors

Elements or circumstances that increase the likelihood of developing a disease or injury.

Culture

The shared beliefs, customs, arts, institutions, and all other products of human work and thought created by a group of people.

Same-Sex Couples

Same-sex couples are romantic partnerships between two individuals of the same sex, recognized in various legal, social, and cultural contexts.

Reared

Brought up or raised, especially in reference to the way in which an individual is brought up by caregivers.

Related Questions