An Employee Earned $4,300 Working for an Employer

question 170

Multiple Choice

An employee earned $4,300 working for an employer. The current rate for FICA Social Security is 6.2% and the rate for FICA Medicare 1.45%. The employer's total FICA payroll tax for this employee is:

• A) $62.35.
• B) $266.60.
• C) $328.95.
• D) $657.90.
• E) Zero, since the FICA tax is a deduction from an employee's pay, and not an employer tax.