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What is his FICA tax

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Question - Alexander received $80,000 in salary in 2018. What is his FICA tax if the Medicare rate is 1.45%, the Social Security rate is 6.2% on the 2018 maximum of $128,400, and the FUTA rate is 6% on a $7,000 maximum?

1) $4,960

2) $6,120

3) $6,540

4) $10,920

Reference no: EM132781800

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