Which of the following statements is/are true about Medicare tax? (You may select more than one answer. )
A)All employee earnings less pre-tax deductions are subject to Medicare tax.
B)Employers match all Medicare taxes withheld.
C)The Medicare tax rate is 1.45%.
D)Additional Medicare tax is withheld for employees who earn more than $150,000 annually.

Question

Quizplus · Accepted Answer

The Answer of Which of the following statements is/are true about Medicare tax? (You may select more than one answer. )
A)All employee earnings less pre-tax deductions are subject to Medicare tax.
B)Employers match all Medicare taxes withheld.
C)The Medicare tax rate is 1.45%.
D)Additional Medicare tax is withheld for employees who earn more than $150,000 annually.

Which of the Following Statements Is/are True About Medicare Tax