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For 2017,what Is the Social Security Tax Rate and Income \quad

Question 56

Multiple Choice

For 2017,what is the social security tax rate and income limit for a self-employed individual? \quad Rate \quad\quad\quad Income Limit
a. 2.9% 2.9 \% \quad\quad\quad Unlimited income
b. 12.4% 12.4 \% \quad\quad Unlimited income
c. 15.3% 15.3 \% \quad\quad\quad$127,200\$ 127,200
d. 12.4%$127,20012.4 \% \quad\quad\quad \$ 127,200


A) Option A
B) Option B
C) Option C
D) Option D

Correct Answer:

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