Question: False Question 15 (2 points) Using the taxable wage base for FICA OASDI, according to chapter 11 of your textbook, the following employee has a

 False Question 15 (2 points) Using the taxable wage base for

False Question 15 (2 points) Using the taxable wage base for FICA OASDI, according to chapter 11 of your textbook, the following employee has a cumulative, year-to-date earnings of $101,300. This payroll period the employee has earned $10,445. How much of the employees earnings this payroll period can be taxed for FICA OASDI at 6.2%? $1,700 $700 $10,445 $0

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