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Home Q & A Board Other Fields Homework Help Business Accounting
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majestico majestico
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7 years ago
Bill James earned $800 for the week. If his cumulative earnings are $30,000 prior to this pay period, how much FICA-OASDI must his employer withhold from his earnings? FICA tax rates are OASDI 6.2% on a limit of $117,000.
A) $4.96
B) $496.00
C) $49.60
D) None of the above is correct.
Textbook 
College Accounting: A Practical Approach

College Accounting: A Practical Approach


Edition: 13th
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OmpaOmpa
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7 years ago
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majestico Author
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7 years ago
I swear you're the best
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