The amount of FICA-OASDI and FICA-Medicare withheld from the employee's check is determined by the employee's:
A)take-home pay.
B)net pay.
C)earnings for the period and cumulative earnings.
D)W-4.

Question

Quizplus · Accepted Answer

FICA-OASDI and FICA-Medicare withholding amounts are determined based on the employee's earnings for the period and cumulative earnings, which are reported on the employee's paycheck. The W-4 form is used to determine federal income tax withholding, not FICA withholding. Take-home pay and net pay are the amounts the employee ultimately receives after all deductions, including FICA, have been taken out.

The Amount of FICA-OASDI and FICA-Medicare Withheld from the Employee's