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What is total amount of taxes withheld from portia earnings

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Reference no: EM132989306

Question - Portia Grant is an employee who is paid monthly. For the month of January of the current year, she earned a total of $8,260. The FICA tax for social security is 6.2% of the first $128,400 earned each calendar year and the FICA tax rate for Medicare is 1.45% of all earnings. The FUTA tax rate of 0.6% and the SUTA tax rate of 5.4% are applied to the first $7,000 of an employee's pay. The amount of federal income tax withheld from her earnings was $1,325.17. What is the total amount of taxes withheld from the Portia's earnings?

A. $3,097.17

B. $2,443.21

C. $1,957.06

D. $1,722.00

E. $1,495.36

Reference no: EM132989306

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