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Employees in 2012 paid 4.2% of their gross wages towards social security (FICA taxes), while employers paid another 6.2% how much will someone earning $40,000 a year pays towards social security out of
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Employees in 2012 paid 4.2% of their gross wages towards social security (FICA taxes), while employers paid another 6.2% how much will someone earning $40,000 a year pays towards social security out of their gross wages

User AutoBotAM
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6.2% of 40.000 is 2480. so they’ll have to pay $2480
User Mike Twc
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