Alex’s FICA tax is 7.65% of her earnings of $425.78 per week. How much FICA tax should his employer withhold?

Question

(1 point)
Responses

$23.92

$23.92

$28.42

$28.42

$32.57

$32.57

$35.64

Answer 1

To calculate the FICA tax that should be withheld from Alex's earnings, you need to multiply Alex's weekly earnings by the FICA tax rate.

FICA tax rate = 7.65% Weekly earnings = $425.78

FICA tax = Weekly earnings × FICA tax rate
FICA tax = $425.78 × 0.0765

Calculating this gives:

FICA tax = $32.57 (approximately)

So the correct answer is $32.57.