25.9k views
2 votes
According to this partial W-2 form, how much money was paid in FICA taxes?

1 Wages, tips, other compensation
34,285
3 Social security wages
34,285
5 Medicare wages and tips
34.285
7 Social Security tips
2 Federal income tax withheld
5142.75
4 Social security tax withheld
2125.67
6 Medicare tax withheld
497.13
& Allocated tips
10 Dependent care benefits

User Tinmarino
by
9.4k points

2 Answers

5 votes

Answer:The correct answer is $2374.56

Explanation: The Federal Insurance Contributions Act (FICA) is the U.S payroll tax to fund the Social Security and Medicare programs.

User Eulerdisk
by
8.7k points
4 votes

The correct answer is $2374.56

Explanation: The Federal Insurance Contributions Act (FICA) is the U.S payroll tax to fund the Social Security and Medicare programs.

User Kocodude
by
8.1k points
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