Answered: Carla earns 137,100 from January…

Carla earns 137,100 from January through November 2020, before resigning to work for a new employer who pays her 3,000 for December 2020. How much FICA would be withheld on the 3,000?

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

Carla earns 137,100 from January through November 2020, before resigning to work for a new employer who pays her 3,000 for December 2020. How much FICA would be withheld on the 3,000?

a. 229.50

b. 68.30

c. 169.50

d. 186.00

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