For 2011,the Social Security portion of the FICA tax is imposed at a rate of:
A) .08 percent for the employee and 5.4 percent for the employer
B) 1.45 percent for the employee and 1.45 percent for the employer
C) 6.2 percent for only the employer
D) 4.2 percent for the employee and 6.2 percent for the employer
E) 6.2 percent for the employee and 7.65 percent for the employer
Correct Answer:
Verified
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