An employee earned $50,000 during the year. FICA tax for Social Security is 6.2% and FICA tax
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An employee earned $50,000 during the year. FICA tax for Social Security is 6.2% and FICA tax for Medicare is 1.45%. The employer’s share of FICA taxes is
a. $0; Employee pay exceeds FICA limit.
b. $0; FICA is not an employer tax.
c. $725.
d. $3,825.
e. $3,100.
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