Which of the following taxes is only paid on the first $102,000 of your salary?
A)Federal Income Tax
B)Social Security Tax
C)Medicare Tax
D)All of the above.

Name: Which of the following taxes is only paid on the first $102,000 of your salary? A)Federal Income Tax B)Social Security Tax C)Medicare Tax D)All of the above.
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Question

Quizplus · Accepted Answer

Only the Social Security Tax is limited to the first $102,000 of your salary. Federal Income Tax and Medicare Tax do not have an income limit.

Which of the Following Taxes Is Only Paid on the First