The Foemina Corporation has two employees, Nancy and Penny.
a.If Nancy earns wages of $17,000 for 2018, calculate the total amount of the FICA tax that must be paid:by Nancyby Foemina CorporationTotal
b.If Penny earns wages of $130,000 for 2018, calculate the total amount of the FICA tax that must be paid:by Pennyby Foemina CorporationTotal

Question

The Foemina Corporation has two employees, Nancy and Penny.
a.If Nancy earns wages of $17,000 for 2018, calculate the total amount of the FICA tax that must be paid:​​​by Nancy​by Foemina Corporation​Total​​
b.If Penny earns wages of $130,000 for 2018, calculate the total amount of the FICA tax that must be paid:​​​by Penny​by Foemina Corporation​Total

Quizplus · Accepted Answer

The Answer of The Foemina Corporation has two employees, Nancy and Penny.
a.If Nancy earns wages of $17,000 for 2018, calculate the total amount of the FICA tax that must be paid:​​​by Nancy​by Foemina Corporation​Total​​
b.If Penny earns wages of $130,000 for 2018, calculate the total amount of the FICA tax that must be paid:​​​by Penny​by Foemina Corporation​Total

The Foemina Corporation Has Two Employees, Nancy and Penny