Based on the amount earned and the FICA rate, your monthly contribution would be $1,510.15
You are self employed so you will be paying FICA on 92.35% of your salary.
Your annual FICA contribution would therefore be:
= 128,255 x 92.35% x 15.3% FICA
= $18,121.85
Your monthly contribution would be:
= 18,121.85 / 12 months
= $1,510.15
In conclusion, you would contribute $1,510.15 to FICA
Find out more on FICA at https://brainly.com/question/2288869.
