Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. natalia is a full-time exempt employee who earns $

Natalia is a full-time exempt employee who earns $208,000 annually, paid monthly. Her year-to-date pay...

80.2K

Verified Solution

Question

Accounting

Natalia is a full-time exempt employee who earns $208,000 annually, paid monthly. Her year-to-date pay as of November 30 is $190,666.67. How much will be withheld from Natalia for FICA taxes for the December 31 pay date? (Social Security maximum wage is $128,400. Do not round intermediate calculations. Round your final answer to 2 decimal places.)

Multiple Choice

  • $282.53

  • $323.33

  • $1,326.00

  • $407.33

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

The figure shows a conical pendulum, in which the bob (the small object at the lower...

Physics
Q

The determinants of supply (factors that lead the supply curve to shift) are number of sellers,...

Economics
Q

Question 29 Suppose you reach into your mailbox that contains 9 pleces of junk mail...

Basic Math
Q

A a b c d e f g x y z B c r a...

Algebra
Q

Optional Extra Credit Challenge: What would it cost to send a rocket to Mars (7.9...

Algebra
Q

On January 1, 2017, Ted purchased a small software company for $200,000. He paid $120,000...

Accounting
Q

19) The rule that requires financial statements to reflect the assumption that the business will...

Accounting
Q

2. A 26-meter concrete pile with a 50 cm diameter is driven into multiple layered...

Accounting
Q

Santiago and Amy are married and file a joint tax return, claiming as dependents their...

Accounting
Q

PROBLEM1 On April 1. Hoiton. Company borrows $80,000 from West Bank by signing a 6mont,...

Accounting
Q

The debits to Work in ProcessRoasting Department for Brazilian Coffee Company for May 2010, together...

Accounting
Q

1. Find the FV of $500, 10 years in the future if the opportunity cost...

Finance