Bubba earned a total of $221,100 for 2014.How much FICA tax is his employer required to withhold from Bubba's paychecks for the year?
Ladaris has two jobs.She earned $118,000 from her first job and $10,000 from her second job.How much total FICA taxes will Ladaris have withheld from her wages from working two jobs?
Marci has two jobs and both employers withheld FICA tax.From her first job,she earned $99,600 and from her second job she earned $18,300.How much can Marci claim on her Form 1040 as excess social security tax paid in 2014?
Eva earned $89 in tips in March.When must she inform her employer of her tips on Form 4070 for federal income tax and FICA withholding purposes?
A) April 10.
B) April 30.
C) March 31.
D) Tips are not subject to payroll taxes if less than $90 in any one month.