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What the employer total fica payroll tax for this employee

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Reference no: EM132911705

Question - An employee earned $42,500 working for an employer in the current year. The current rate for FICA Social Security is 6.2% payable on earnings up to $128,400 maximum per year and the rate for FICA Medicare 1.45%. What the employer's total FICA payroll tax for this employee?

Reference no: EM132911705

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