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Barbara's gross earnings for the week ending on December 21 amount to \$1,100 . Her cumulative gross earnings for the year up through her tast pay date amount to 55,000. Using the table below, calculate the FICA tax deduction for the current pay period . FICA Tax ( 1496 10%

User LtlBeBoy
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7 votes

Answer:

  • b) $44

Explanation:

Barbara's cumulative gross earnings for the year up through her last pay date amount to 55000.

As per attached table this amount falls in 4% region ($50001 - $70000).

Her tax per current pay period is:

  • $1100*0.04 = $44

Correct choice is b)

Barbara's gross earnings for the week ending on December 21 amount to \$1,100 . Her-example-1
User Sergey Khalitov
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