Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. an employee has year-to-date earnings of $129,800.

An employee has year-to-date earnings of $129,800. The employee's gross pay for the next pay...

80.2K

Verified Solution

Question

Accounting

image
An employee has year-to-date earnings of $129,800. The employee's gross pay for the next pay period is $5,000. If the FICA-OASDI is 6.2% and the wage base is $132,900, how much FICAOASDI tax will be withheld from the employee's pay? (Answer is rounded to whole dollar.) O A. $192 B. $210 C. $310 D. $73

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

(x+3)^2/3 + (x+3)^1/3 - 6 = 0 Solve the equation.

Basic Math
Q

53. Which of the following is an acid-base reaction? Select the best answer.    (A). C(s) +...

Chemistry
Q

Please write about these questions like a small paragraph answering he questions below: Do you think that...

Biology
Q

Why Civil Engineer take into account two different cases which are transfer and service during design and analysis of...

Civil Engineering
Q

How is the signal transmitted from the axon terminal to the muscle fibe electrical impulse...

Biology
Q

Which structure is highlighted O capsule Olymphoid follicle trabeculae O reticular fiber P Pearson

Biology
Q

Consider these five data values 10 14 15 16 20 The mean is 15 0...

Geometry
Q

Question 1 15 marks Consider the functions fi t and f in Fig 1 use...

Calculus
Q

Jnice PLC has the following capital structure on its balance sheet...

Accounting
Q

Reece Corporation is considering the purchase of a machine that would cost $18.216 and would...

Accounting
Q

Compensatory stock options were granted to executives at crocodile corporation on January 1, 20*5. these...

Accounting
Q

The free cash flow (FCF) valuation model, the discounted cash flow model, and the corporate...

Finance