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Find the employee annual FICA taxes amount

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Reference no: EM132986628

Question - An employee earned $43,000 during the year working for an employer when the maximum limit for Social Security was $128,400. The FICA tax rate for Social Security is 6.2% and the FICA tax rate for Medicare is 1.45%. Find the employee annual FICA taxes amount?

Reference no: EM132986628

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