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The FICA tax for Social Security is 6.2% and the FICA tax for Medicare is...

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Accounting

The FICA tax for Social Security is 6.2% and the FICA tax for Medicare is 1.45%. An employee's share of both FICA taxes was $5,125.50.Given that this employee did not exceed the FICA earnings limitation, compute gross pay.

Zero, since the employee's pay did not exceed the FICA limit.

$82,669.35.

$39,210.08.

$67,000.00.

$353,482.76.

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