You receive your pay stub and your gross pay is $1,500.00 and your net income is $928.00. How much FICA is withheld at 8.25%?(2 points)

Answer 1

To find the amount of FICA withheld at 8.25%, we need to find 8.25% of the gross pay.

8.25% of $1,500 is (8.25/100) * $1,500 = $123.75.

Therefore, $123.75 is withheld for FICA at 8.25%.