8-1-3 Flashcards
1
Q
FICA tax rates (Employer and employee)
A
6.2% on wages up to $137,700
2
Q
Medicare tax rate on all income (employer and employee)
A
1.45%
3
Q
NESE tax
A
.9235 times net profit
4
Q
SEI tax rate
A
12.4%
5
Q
NESE tax rate
A
2.9% if < $400
