The ceiling amounts and percentages for 2014 for the two portions of the self-employment tax are:
Social Security portion Medicare portion
A) $113,700; 12.4% Unlimited; 2.9%
B) $113,700; 15.3% Unlimited; 2.9%
C) $117,000; 12.4% Unlimited; 2.9%
D) $117,000; 2.9% Unlimited; 13.3%
E) None of the above.
Correct Answer:
Verified
Q82: During the year,Purple Corporation (a U.S.Corporation) has
Q83: Which of the following statements concerning the
Q85: Which of the following correctly reflects current
Q94: Harry and Wilma are married and
Q96: Identify the statement below that is false.
A)
Q97: Bob and Sally are married, file a
Q100: Kevin and Sue have two children, ages
Q103: Rick spends $750,000 to build a qualified
Q113: In May 2010,Cindy incurred qualifying rehabilitation expenditures
Q119: Steve has a tentative general business credit
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents