Federal insurance contribution act (FICA) tax is the sum of the social security tax and medicare program.,
for the partial W-2 the Federal insurance contribution act (FICA) taxes is $2374.56.
The FICA tax has to find out.
What is FICA tax?
Federal insurance contribution act (FICA) tax is the sum of the social security tax and medicare program.,
In the given problem,
The social security tax is $1924.48.
The medicare program tax is $450.08.
Now as the Federal insurance contribution act (FICA) taxes is the sum of the social security tax and medicare program. Thus,
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Thus for the partial W-2 the Federal insurance contribution act (FICA) taxes is $2374.56.
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