Question

A person earning $35,000 would pay a combined FICA and Medicare tax of $ ____ made...

A person earning $35,000 would pay a combined FICA and Medicare tax of $ ____ made up of $____ for FICA Tax and $____ for Medicare Tax; while a person earning $153,000 would pay a combined FICA and Medicare tax of $____ made up of $____ for FICA Tax and $____ for Medicare Tax.

Homework Answers

Answer #1
Person Earning $            3,500 $        153,000
Combined FICA and medicare $          267.75 $    10,458.30
Made up of:
Social security $          217.00 $       8,239.80
Medicare $            50.75 $       2,218.50
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