Asked by sabina
Maura is a self-employed artist. She averages a monthly income of
$2,980. If the FICA rate is 15.02%, how much FICA tax must she pay
each year?
$2,980. If the FICA rate is 15.02%, how much FICA tax must she pay
each year?
Answers
Answered by
drwls
$2980 x 12 x 0.1502 = ?
The multiplication by 12 is necessary to get the annual gross income.
The multiplication by 12 is necessary to get the annual gross income.
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