An employee earned $155,000 working for an employer in the current year. The current rate for FICA Social Security is 6.2% payable on earnings up to $127,200 maximum per year and the rate for FICA Medicare 1.45% of all earnings. The employee's total FICA payroll tax is:
A. $9,730.80.
B. $2,247.50.
C. $0, since the FICA tax is paid entirely by the employer.
D. $10,133.90.
E. $11,857.50.
Answer: D
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