Asteria earned a $25,500 salary as an employee in 2017. How much should her employer have withheld from her paycheck for FICA taxes (rounded to the nearest whole dollar amount)?

Question

Quizplus · Accepted Answer

FICA tax (Social Security and Medicare) is 7.65% of the employee's salary, so Asteria's employer should have withheld approximately $1,951 for FICA taxes ($25,500 * 0.0765 = $1,950.75).

Asteria Earned a $25,500 Salary as an Employee in 2017