If you have a salary of $30,000, an IRA deduction of $2,000, a standard deduction of $6,300, and a FICA rate of 7.65 percent, how much did you pay in FICA this year?
A) $1,805
B) $1,958
C) $2,142
D) $2,295
Answer: D
You might also like to view...
What are purchase panels and media panels? Develop examples of marketing situations where you would use each. Be sure to explain the type of information you would collect and the make up of the panel respondents
What will be an ideal response?
__________ is a measure of how a nation's income is apportioned among its people.
Fill in the blank(s) with the appropriate word(s).
Glossamer Inc., a company owned by George and Alex, faces huge debts and is eventually shut down due to bankruptcy. The company's financial loss affects Alex personally, and his house and other personal assets are seized by the bank. However, George's personal assets are not affected. This is most likely because George is a(n) _____.
A. general partner B. limited partner C. active partner D. quasi partner
Job enlargement strategies focus on dividing work into more specialized tasks.
Answer the following statement true (T) or false (F)