Bubba earned a total of $221,100 for 2017. How much FICA tax is his employer required to withhold from Bubba's paychecks for the year? Show Work
FICA consist of two parts social security and medicare and when income exceeds $200,000 additional medicare tax also applies. Social security is 6.2% of wages up to $127,200
Total FICA is:
|Total FICA taxes||11,282.25|
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