Which of the following statements is/are true about Social Security tax deductions from gross pay? (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box
For a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.)
A) The wage base is $132,900.
B) The tax is computed on all earnings.
C) The tax rate is 6.0%.
D) Section 125 deductions are not subject to Social Security tax.

Question

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The Answer of Which of the following statements is/are true about Social Security tax deductions from gross pay? (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box
For a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.)
A) The wage base is $132,900.
B) The tax is computed on all earnings.
C) The tax rate is 6.0%.
D) Section 125 deductions are not subject to Social Security tax.

Which of the Following Statements Is/are True About Social Security