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  • 13-03-2024
  • Business
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What is the total amount of FICA tax (Social Security Tax + Medicare Tax) that ABC Company needs to withhold from gross salaries of $84,000, with FICA tax rates of 6% for Social Security and 1.5% for Medicare?

A) $5,040
B) $6,300
C) $6,720
D) $7,560

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