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A self-employed worker earned $47,000 during the year. The FICA tax for Social Security is 6.2% and the FICA tax for Medicare is 1.45%. Required: How...
A self-employed worker earned $47,000 during the year. The FICA tax for Social Security is 6.2% and the FICA tax for Medicare is 1.45%.Required:How much should this worker pay for FICA taxes? (Omit the "$" sign in your response.)