An employee earned $44,200 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%. The employer's total FICA payroll tax for this employee is:
A. $2740.40.
B. $640.90.
C. $6762.60.
D. $3381.30.
E. Zero, since the FICA tax is a deduction from an employee's pay, and not an employer tax.
Answer: D
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