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Compute OASDI and HI amount of the employer FICA taxes

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Reference no: EM132702718

Problem - Ernie Gilmore began working as a part-time waiter on June 1, 20--, at Sporthouse Restaurant. The cash tips of $390 that he received during June were reported on Form 4070, which he submitted to his employer on July 3. During July, he was paid wages of $525 by the restaurant. Compute OASDI and HI:

a. The amount of FICA taxes that the employer should withhold from Gilmore's wages during July.

b. The amount of the employer's FICA taxes on Gilmore's wages and tips during July.

Reference no: EM132702718

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