Question

bailee had a gross income of $2358.33 during each pay period in 2009. if she got paid monthly, how much of her pay was deducted for FICA in 2009?

Answer 1

She got deducted $2164 for FICA in 2009.

Step-by-step explanation:

FICA's deductions are as follows:

6.2% for Social Security

1.45% for Medicare

So, over the yearly payment, there is a 6.2+1.45 = 7.65% deduction.

Bailee's yearly payment is:

2358.33*12 = 28299.96.

How much of her pay was deducted for FICA in 2009?

28299.96*0.0765 = 2164.95.

She got deducted $2164 for FICA in 2009.