If John's taxable wages were $785, and his Social Security tax withholding was 6.2 percent (.062), his FICA tax would be:

A) $48.67.
B) $46.99.
C) $49.50.
D) $45.62.

Answer: A

Business

You might also like to view...

What recommendations would you give Christopher about his goal of buying a house in five years?

A) You don't have enough income to consider buying a house. B) You need to develop a savings plan. C) You need to estimate what a down payment would be. D) You should switch to a Savings and Loan Association. E) Both B and C are good answers.

Business

Different people typically have ________

A) the same perception of a single situation B) the same perception of different situations C) different perceptions of the same situation D) an undistorted perception of a situation

Business