fica tax financial amp accounting – www.savvyessaywriters.net

Please solve this question..

Assume the FICA tax is 6.2 percent on the first $64,500 of earnings and 1.45 percent on earnings in excess of $64,500. Jean has earnings of $65,000. What is the total FICA tax on Jeanâ€™s earnings (to the nearest $1)?

A.$935

B.$4,006

C.$4,030

D.$4,112

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