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15-04-2024
Business

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Required information: BMX Company has one employee. FICA Social Security taxes are 6.2% of the first $137,700 paid to its employees. What is the maximum amount of FICA Social Security taxes that BMX Company must pay for its employee?
A) $8,539.40
B) $8,537.40
C) $8,500.00
D) $8,400.00

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