7.9k views
0 votes
What is the FICA deduction for someone with an annual gross income of $37890?

FICA deduction is 7.65% of gross income.

User Diegocstn
by
4.7k points

2 Answers

5 votes

Answer: first find what 7.65% of 37890 is = $2898.59

Subtract this amount $2898.59 from $37890= $34991.41

Explanation:

User Rob Goodwin
by
5.3k points
2 votes

Answer: $2,898.585

Explanation:

Hi, to answer this question we have to multiply the amount of the gross income ( 37,890) by the FICA deduction percentage in decimal form (7.65/100)

Mathematically speaking:

37,890 x(7.65/100)=

37,890/x 0.0765= $2,898.585

Feel free to ask for more if needed or if you did not understand something.

User Vignesh Kumar A
by
4.7k points
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.