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Warm up Problem Jim is self-employed and he needs your help calculating his FICA deductions. His gross earnings were $30,000. What amount should he pay
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Fica Awareness Dmf250105
Federally Insured Cash Account (FICA)
FICA Overview
WORKERS’ COMPENSATION COMMISSIONCalculate the FICA and Medicare tax on the Average Weekly Wage as follows: A. FICA = Average Weekly Wage x .062 (Maximum FICA tax is $153.09)