Calculation of employer's total FICA payroll tax for this employee:- | |||||||
FICA Social Security Tax = | 44200 | × | 6.2% | = | 2740.40 | ||
FICA medicare Tax = | 44200 | × | 1.5% | = | 640.90 | ||
Employer's total FICA payroll tax for this employee | = | 3381.30 |
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