Tax | January 8 earnings subject to tax | Tax rate | Tax amount |
FICA - Social security | 98,600 | 6.20% | 98,600 x 6.20% = 6,113.2 |
FICA - Medicare | 98,600 | 1.45% | 98,600 x 1.45% = 1,429.7 |
FUTA | 98,600 | 2% | 98,600 x 0.6% = 591.6 |
SUTA | 98,600 | 0.6% | 98,600 x 2% = 1,972 |
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Check my w On January 8, the end of the first weekly pay period of the...
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