Brooke, a single taxpayer, works for Company A for all of 2022, earning a salary of $50,000.

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Brooke, a single taxpayer, works for Company A for all of 2022, earning a salary of $50,000.

a) What is her FICA tax obligation for the year?

b) Assume Brooke works for Company A for half of 2022, earning $50,000 in salary, and she works for Company B for the second half of 2022, earning $100,000 in salary. What is Brooke’s FICA tax obligation for the year?

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Related Book For  answer-question

Taxation Of Individuals And Business Entities 2023 Edition

ISBN: 9781265790295

14th Edition

Authors: Brian Spilker, Benjamin Ayers, John Barrick, Troy Lewis, John Robinson, Connie Weaver, Ronald Worsham

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