Question

Mary earned $43,000 last year. Approximately how much was withheld from her pay for FICA?

Answer 1

$3289.5

Explanation:

FICA tax is typically 7.65% of earnings up to $127,200 (2017 figure).

Considering that the earning given fall within this range then, 7.65% expressed in decimal will be
`\frac {7.65}{100}= 0.0765` which we then multiply by the actual earning given hence

FICA=
`43000*0.0765`

=$3,289.50