The ceiling amounts and percentages for 2017 for the two portions of the self-employment tax are:
$\begin{array}{ll}\text { Social Security portion }&\text { Medicare portion }\
\text { a. } \$ 127,200 ; 12.4 \% & \text { Unlimited; } 2.9 \% \
\text { b. } \$ 127,200 ; 15.3 \% & \text { Unlimited; } 2.9 \% \
\text { c. } \$ 118,500 ; 12.4 \% & \text { Unlimited; } 2.9 \% \
\text { d. } \$ 118,500 ; 2.9 \% & \text { Unlimited; } 13.3 \%
\end{array}$

Question

The ceiling amounts and percentages for 2017 for the two portions of the self-employment tax are:
​ $\begin{array}{ll}\text { Social Security portion }&\text { Medicare portion }\
\text { a. } \$ 127,200 ; 12.4 \% & \text { Unlimited; } 2.9 \% \
\text { b. } \$ 127,200 ; 15.3 \% & \text { Unlimited; } 2.9 \% \
\text { c. } \$ 118,500 ; 12.4 \% & \text { Unlimited; } 2.9 \% \
\text { d. } \$ 118,500 ; 2.9 \% & \text { Unlimited; } 13.3 \%
\end{array}$

Quizplus · Accepted Answer

The Answer of The ceiling amounts and percentages for 2017 for the two portions of the self-employment tax are:
​ $\begin{array}{ll}\text { Social Security portion }&\text { Medicare portion }\
\text { a. } \$ 127,200 ; 12.4 \% & \text { Unlimited; } 2.9 \% \
\text { b. } \$ 127,200 ; 15.3 \% & \text { Unlimited; } 2.9 \% \
\text { c. } \$ 118,500 ; 12.4 \% & \text { Unlimited; } 2.9 \% \
\text { d. } \$ 118,500 ; 2.9 \% & \text { Unlimited; } 13.3 \%
\end{array}$

The Ceiling Amounts and Percentages for 2017 for the Two