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What will be the employers total fica tax

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Reference no: EM132471028

Problem 1: Davis and Thompson have earnings of $925 each. The social security tax rate is 6.0%, and the Medicare tax rate is 1.5%. Assuming that the payroll will be paid on December 29, what will be the employer's total FICA tax for this payroll period?

Reference no: EM132471028

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