Greer Company pays Jamal Perry a salary of $3,000 per week.How much FICA tax must Greer pay on Jamal's behalf,including both the employee and employer portions?
A)$225.
B)$360.
C)$0.00 Jamal is responsible for making his own payments.
D)$450.

Question

Quizplus · Accepted Answer

FICA tax includes Social Security tax at 6.2% and Medicare tax at 1.45% for both employee and employer. Total FICA tax rate is 15.3% (7.65% employee + 7.65% employer). For a $3,000 salary, the total FICA tax is $3,000 * 15.3% = $459, but the closest option is $450.

Greer Company Pays Jamal Perry a Salary of $3,000 Per