Gilson Company pays Matt Sawyer a salary of $2,000 per week. How much FICA tax must Gilson pay on Matt's behalf, including both the employee and employer portions?

Name: Gilson Company pays Matt Sawyer a salary of $2,000 per week. How much FICA tax must Gilson pay on Matt's behalf, including both the employee and employer portions?
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Question

Quizplus · Accepted Answer

$2,000 x 7.5% = $150. $150 is withheld from Matt's gross pay, and Matt's employer is responsible for an additional $150, for a total of $300.

Gilson Company Pays Matt Sawyer a Salary of $2,000 Per