What is the total Social Security tax withheld from a salary of $89,000?

• A. $5,518.00
• B. $4,500.00
• C. $6,000.00
• D. $5,000.00

Answer: (A)

To determine the total Social Security tax withheld from a salary of $89,000, it is important to understand the current social security tax rate. As of 2023, the Social Security tax rate for employees is 6.2% on earnings up to a certain limit.

Calculating the tax withheld involves multiplying the salary by the Social Security tax rate. So, for a salary of $89,000, the calculation would be:

$89,000 × 0.062 = $5,518.

This figure represents the total amount of Social Security tax that would be withheld from a salary of $89,000, which is why the answer is correct.

It is important to note that other options would not match the computation based on the current tax rate and maximum income thresholds for Social Security, leading to their exclusion as possible correct answers.