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

Question 5

Multiple Choice

Which of the following statements is/are true about Social Security tax deductions from gross pay? (You may select more than one answer. )


A) Section 125 deductions are not subject to Social Security tax.
B) The tax rate is 6.0%.
C) The tax is computed on all earnings.
D) The wage base is $128,400.

Correct Answer:

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