The amount of FICA-OASDI and FICA-Medicare withheld from the employee's check is determined by the employee's:
A) gross pay.
B) net pay.
C) earnings for the period and cumulative earnings.
D) W-4.

Question

Quizplus · Accepted Answer

FICA-OASDI and FICA-Medicare are calculated based on the employee's earnings for the period and cumulative earnings, as they are subject to specific tax rates and wage limits.

The Amount of FICA-OASDI and FICA-Medicare Withheld from the Employee's