Jo Dell is a self-employed artist who charges $25 per hour for her services. She averages 17 hours of work per week. How much FICA tax should she pay at a rate of 15.02%?
How much is her average gross for a week?
idk. that's the whole question.
Well READ it!!! The answer to my question is written right there!
okay the average is 17 then.
No. That's how many hours she works per week. She makes $25 for each hour she works. So how much money does she make if she works 17 hours at $25/hr ?
425?
CORRECT!!! :-) And that is called her "gross" earnings for a week. "Gross" means "before taxes". So now we have to figure how much she owes, which is 15.02% "Percent" means "hundredths". So 15% is 15/100 or .15 15.02% may also be written as .1502, an that is the number you use to multiply her gross with. IOW: FICA amount = .1502 * 425
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