Question: Problem 8-65 (LO 8-3) (Static) Rasheed works for Company A, earning $350,000 in salary during 2020. Assuming he is single and has no other sources

Problem 8-65 (LO 8-3) (Static) Rasheed works for Company A, earning

Problem 8-65 (LO 8-3) (Static) Rasheed works for Company A, earning $350,000 in salary during 2020. Assuming he is single and has no other sources of income, what amount of FICA tax will Rasheed pay for the year? (Round your intermediate and final answer to the nearest whole dollar amount.) Answer is complete but not entirely correct. Amount of FICA tax $ 14,852

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