As the Director of Human Resources, Kim Rodriguez's year-to-date earnings as of July 30 were $123,900. During the month of August, Kim earned $11,400.
Assume that the wage ceiling for Social Security is $128,400, the tax rate for Social Security is 6.2%, there is no wage ceiling for Medicare, and the tax rate for
Medicare is 1.45%.
For Kim's August wages, calculate the following:
1. Wage amount subject to Social Security tax:
2. Social Security tax deduction:
3. Medicare tax deduction:
4. Total deduction for FICA taxes:
$0
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