18.8k views
1 vote
Brian Temple's cumulative earnings are $102,000, and his gross pay for the week is $5,300. If the FICA rates are: OASDI 6.2% on a limit of $106,800 and Medicare is 1.45%, what are his FICA-OASDI and FICA-Medicare taxes for the week?

1 Answer

3 votes
OASDI : 6.2% of 5300 = .062(5300) = 328.60
Medicare : 1.45% of 5300 = .0145(5300) = 76.85
User Wraithseeker
by
7.3k points