During 2018, Jones Corporation paid Joshua a salary of $100,000 and a bonus of $30,000. What is Jones Corporation's deduction (rounded to the nearest dollar) for its share of FICA taxes paid on Joshua's compensation for 2018?
A) $6,200
B) $7,961
C) $9,232
D) $9,846

Question

During 2018, Jones Corporation paid Joshua a salary of $100,000 and a bonus of $30,000. What is Jones Corporation's deduction (rounded to the nearest dollar) for its share of FICA taxes paid on Joshua's compensation for 2018?
A) $6,200 
B) $7,961 
C) $9,232 
D) $9,846

Quizplus · Accepted Answer

The Answer of During 2018, Jones Corporation paid Joshua a salary of $100,000 and a bonus of $30,000. What is Jones Corporation's deduction (rounded to the nearest dollar) for its share of FICA taxes paid on Joshua's compensation for 2018?
A) $6,200 
B) $7,961 
C) $9,232 
D) $9,846

During 2018, Jones Corporation Paid Joshua a Salary of $100,000