How much will the employer actually pay to the irs? USE HIS EXPLAINATION to solve...
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How much will the employer actually pay to the irs? USE HIS EXPLAINATION to solve it, he is very strict. First picture is what i need answer, second picture is a guide to help
Employer has the following payroll as of 013121: Gross wages $35,000.00 FIT withheld $6,000.00 FICA withheld $2,677.50 Net wages $9,852.50 (Note: as discussed in class and webex, FIT is Federal Income Tax) How much will employer actually pay to the IRS? O a. 58,383.50 Ob. 59,427.50 OC. $10,289.00 O d. $11.355.00 Oe. None of the other choices are correct TO wage FIT withheld $4,000 FICA withheld $1,147.50 Net wages $9,852.50 (Note: as discussed in class and webex, FIT is Federal Income Tax) How much will employer actually pay to the IRS? a $5,147.50 b, S1,147.50 X c. $6,295,00 d. $2,295.00 e. None of the other choices are correct Feedback Check My Work FICA tax payable is equal to the amount of FICA tax withheld from the employees' paychecks, plus the amount of FICA tax that the employer must match. Whatever the total FICA tax is that is withheld from the employees checks, the employer must match that amount and pay that amount out of the employer's own pocket. In addition to the employer having to pay all FICA tax (withheld from the employees and employer's paying the same amount) to the IRS, the employer must also pay the FIT that was withheld from the employees' checks. This totals up to $6,295.00


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You can see the logs in the Dashboard.