Asked by

yashpreet kaur sandhu
on Nov 15, 2024

verifed

Verified

If the employee has $700 withheld from their check for FICA-OASDI, what is the amount that the employer would need to pay?

A) $700
B) $190
C) $0
D) $510

FICA-OASDI

Federal Insurance Contributions Act - Old-Age, Survivors, and Disability Insurance; a payroll tax that funds Social Security and Medicare in the United States.

  • Classify the types of taxes and obligatory payments for both employers and employees engaged in the payroll cycle.
verifed

Verified Answer

CD
Cuinie DonosoNov 18, 2024
Final Answer:
Get Full Answer