Bill’s FICA tax is 7.65% of his earnings of 325.78 per week. How much FICA tax should his employer withhold?
A. $24.92
B. $25.28
C. $26.42
D. $27.46

Question

Bill’s FICA tax is 7.65% of his earnings of 325.78 per week. How much FICA tax should his employer withhold?
	A.	$24.92
	B.	$25.28
	C.	$26.42
	D.	$27.46

johnweldon1993 · Answer

So the ta would be .0765 (because to convert from percent to decimal you move the decimal place over to the left 2 places...so

325.78 x .0765 = ?

anonymous · Answer

24.92! Thank you!

mathmale · Answer

Employers are req'd by law to withhold taxes from employee pay.  This case is an example of that.

(1) convert 7.65% to a decimal fraction.
(2)Multiply $325.78 by that dec. fraction.

The result is the amount the employer should withhold.

Please be sure to include units of measurement with your numeric answers.

johnweldon1993 · Answer

Anytime :)