The ceiling amounts and percentages for 2012 for the two portions of the self-employment tax are: Social Security portion Medicare portion
A) $110,100; 13.3% Unlimited; 2.9%
B) $110,100; 12.4% Unlimited; 2.9%
C) $110,100; 10.4% Unlimited; 2.9%
D) $110,100; 10.4% Unlimited; 13.3%
E) None of the above.
Correct Answer:
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