Question 9 • ASSIGN FULL - EVP: PGCPS FINANCIAL LITERACY OC (FALL2026) - 795060
Social Security tax applies only to the maximum taxable earnings of $106,800: $106,800 × 0.062 = $6,621.60. Medicare tax applies to the full $110,330 salary: $110,330 × 0.0145 = $1,599.785. Together, the annual FICA tax is $8,221.385, or $8,221.39, which is choice C.
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