Peter jeff jones earns 1200 dollars per week he is married, Financial Management

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Peter jeff jones earns 1200 dollars per week he is married

Peter Jeff Jones earns 1,200 dollars per week. He is married and claims four withholding allowances. The FICA rate is: Social Security 6.2 percent on 113,700 dollars and a Medicare rate of 1.45 percent. To date his cumulative wages are 6,000 dollars. What is Jeff’s total FICA contribution for the week?

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Financial Management: Peter jeff jones earns 1200 dollars per week he is married

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