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 An employee earned $43,000 during the year working for an employer when the maximum limit for Social Security was $132

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 An employee earned $43,000 during the year working for an employer when the maximum limit for Social Security was $132.900 The FICA tax rate for Social Security is 6.2% and the FICA tax rate for Medicare is 1.45%. The employee's annual FICA taxes amount is: 022152 Multiple Choice $2,042.50 $3.289.50 $5.955.50 52,666.00 5623.50 ME