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    Msinger's Avatar
    Msinger Posts: 1, Reputation: 1
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    #1

    Jul 9, 2010, 03:46 PM
    FICA taxes
    Employee earnings records for Medenciy company reveal the following gross earnings for 4 employees the pay period December 15. C.Ogle $93,500, Delagado $96,100, Ljeter $97k600, T.Spivey $104,000. For the pay period ending December 31, each employee's gross earnings is $4000. The FICA tax rate is 8% on gross earnings of $100,000.

    Instructions
    Computer the FICA withholdings that should be made for each employee for the December 31 pay period.
    morgaine300's Avatar
    morgaine300 Posts: 6,561, Reputation: 276
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    #2

    Jul 16, 2010, 12:52 AM

    Msinger, please start your own thread for your question rather than tagging onto an old thread of someone else's.

    Also please see the guidelines for posting homework problems. This link was in a post of mine in the thread you tagged onto:
    https://www.askmehelpdesk.com/financ...-b-u-font.html

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