Question: 0 Help Save & Exit TB MC Qu. 09-103 An employee earned... An employee earned $62,200 during the year working for an employer. The FICA

 0 Help Save & Exit TB MC Qu. 09-103 An employee

0 Help Save & Exit TB MC Qu. 09-103 An employee earned... An employee earned $62,200 during the year working for an employer. The FICA tax rate for Social Security is 6.2% of the first $128,400 of employee earnings per calendar year and the FICA tax rate for Medicare is 1.45% of all earnings. The current FUTA tax rate is 0.6%, and the SUTA tax rate is 5.4%. Both unemployment taxes are applied to the first $7,000 of an employee's pay. What is the amount of total unemployment taxes the employee must pay? Multiple Choice o o $101.50 o $56.00 O $378.00 o O $434.00 o O $0.00

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