Assuming a FICA tax rate of 8% on the first $87,000 in wages, and a federal income tax rate of 20%…


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Assuming a FICA tax rate of 8% on the first $87,000 in wages, and a federal income tax rate of 20%… 1 answer below ยป Assuming a FICA tax rate of 8% on the first $87,000 in wages, and a federal income tax rate of 20% on all wages, what would be an employee”s net pay for the year if he earned $95,000? A) $88,040 B) $68,400 C) $76,000 D) $69,040 Dec 08 2013 12:29 AM

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