Question

Leonard had $580 for Medicare $2400 for state income tax in $2480 for Social Security deducted from his pay last year how much did Leonardo have deducted from his pay for FICA last year

Answer 1

Answer: $3060, because FICA consists of Medicare and Social Security.

Step-by-step explanation: Took the quiz and got it right.

Answer 2

$3060

Explanation:

The amount of money deducted for FICA i.e. Federal Insurance Contributions Act includes social security deduction and medicare benefits.

Now, it is given that Leonard had $580 for Medicare, $2400 for State Income Tax and $2480 for Social Security to be deducted from the payment last year.

Therefore, total deduction for FICA from his payment will be ($580 + $2480) = $3060. (Answer)