Which of the following is responsible for paying social security (FICA)tax?
A)Employee only
B)Employer only
C)Federal government
D)Both employee and employer

Question

Quizplus · Accepted Answer

Both the employee and employer are responsible for paying social security (FICA) tax. The employee pays 6.2% of their wages, while the employer matches this amount with another 6.2%, resulting in a total of 12.4% contribution towards FICA tax.

Which of the Following Is Responsible for Paying Social Security