document.write( "Question 1176665: Use the 2016 FICA tax​ rates, shown​ below, to answer the following question.\r
\n" ); document.write( "\n" ); document.write( "If a taxpayer is not​ self-employed and earns 156,​000, what are the​ taxpayer's FICA​ taxes?\r
\n" ); document.write( "\n" ); document.write( "​Employee's Rates:
\n" ); document.write( "​7.65% on first​ $118,500 of income
\n" ); document.write( "​1.45% of income in excess of​ $118,500\r
\n" ); document.write( "\n" ); document.write( "Matching Rates Paid by the Employer:
\n" ); document.write( "​7.65% on first​ $118,500 paid in wages
\n" ); document.write( "​1.45% of wages paid in excess of​ $118,500\r
\n" ); document.write( "\n" ); document.write( "​Self-Employed Rates:
\n" ); document.write( "​15.3% on first​ $118,500 of net profits
\n" ); document.write( "​2.9% of net profits in excess of​ $118,500\r
\n" ); document.write( "\n" ); document.write( "FICA taxes are $__.
\n" ); document.write( "(Type an integer or a decimal. Round to the nearest cent as​ needed.)
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Algebra.Com's Answer #803948 by ikleyn(52781)\"\" \"About 
You can put this solution on YOUR website!
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