Certified Payroll Professional Practice Exam

Question: 1 / 400

What are the FICA Withholding Requirements in total percentage?

8.4%

12.3%

15.3%

The correct answer is C. FICA (Federal Insurance Contributions Act) withholding requirements consist of two separate taxes: Social Security and Medicare. Employees and employers each pay half of these taxes, totaling 15.3% - 6.2% for Social Security and 1.45% for Medicare. Therefore, the total FICA withholding requirement is 15.3%.

Options A, B, and D are incorrect percentages and do not represent the total FICA withholding requirements accurately.

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18.2%

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