Ans:Option:C. 2104 is Correct Answer
Tax rate for FICA social security tax for the year 2019 is 6.2% and the taxable wage base is $132,900.
FICA social security tax withheld = $27,500 x 6.2% = $1705
Tax rate for FICA medicare tax for the year 2019 is 1.45% with no wage base.
FICA medicare tax withheld = $27500 x 1.45% = $398.75
Total FICA taxes withheld = $1705 + $398.75 = $2103.75=$2104 (Nearest whole Dollar)
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