sheila works at pet grooming shop. she works 20 hours a week and gets paid $11.00 per hour. how much money…

sheila works at pet grooming shop. she works 20 hours a week and gets paid $11.00 per hour. how much money will be withheld from her paycheck for fica taxes (includes both social security tax (6.2%) and medicare tax (1.45%)?\nenter answer using format: $0.00\n$16.83\n$16.83\nno answer text provided.\nno answer text provided.

sheila works at pet grooming shop. she works 20 hours a week and gets paid $11.00 per hour. how much money will be withheld from her paycheck for fica taxes (includes both social security tax (6.2%) and medicare tax (1.45%)?\nenter answer using format: $0.00\n$16.83\n$16.83\nno answer text provided.\nno answer text provided.

Answer

Explanation:

Step1: Calculate weekly pay

$20\times11 = 220$ (Total weekly pay is hours - worked times hourly - rate)

Step2: Calculate FICA - tax rate

$6.2%+1.45%=7.65% = 0.0765$ (Sum of Social - Security and Medicare tax rates)

Step3: Calculate FICA tax amount

$220\times0.0765 = 16.83$ (Multiply weekly pay by FICA - tax rate)

Answer:

$16.83$