The gross payroll total for all employees of Yanni's Gyros this month is $120,000. All employees' wages fall below the Social Security limit. The total FICA taxes for both employees and employer is a) $9,087 b) $9,180 Oc) $18.174 d) $18,360

The gross payroll total for all employees of Yanni's Gyros this month is $120,000. All employees' wages fall below the Social Security limit. The total FICA taxes for both employees and employer is a) $9,087 b) $9,180 Oc) $18.174 d) $18,360

PAYROLL ACCT.,2019 ED.(LL)-TEXT

19th Edition

ISBN:9781337619783

Author:BIEG

Publisher:BIEG

Chapter3: Social Security Taxes

Section: Chapter Questions

Problem 9PB

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Question

The gross payroll total for all employees of Yanni's Gyros this month is $120,000. All
employees' wages fall below the Social Security limit. The total FICA taxes for both
employees and employer is
a) $9,087
b) $9.180
c) $18.174
d) $18,360

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