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During 2012, Rachael Parkins, president of Mathieson Company, was paid a semimonthly salary of $6,800. Compute the amount of FICA taxes that should be withheld from her:
To calculate FICA taxes from an employee's paycheck, you will need to know: The amount of gross pay for that pay period The total year-to-date gross pay for that employee The Social Security and Medicare percentages for that year.
Expert answered|bongche|Points 2302|
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Asked 6/19/2012 2:40:48 AM
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During 2012, Rachael Parkins, president of Mathieson Company, was paid a semimonthly salary of $6,800. Compute the amount of FICA taxes that should be withheld from her:
Weegy: I apologize, there's no official announcement as of yet. We will keep you posted. Thanks! (More)
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Asked 6/19/2012 2:42:05 AM
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During 2012, Rachael Parkins, president of Mathieson Company, was paid a semimonthly salary of $6,800. Compute the amount of FICA taxes that should be withheld from her:
Weegy: I apologize, there's no official announcement as of yet. We will keep you posted. Thanks! (More)
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Asked 6/19/2012 2:41:46 AM
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