Solved

The Current Tax Rate for Social Security Is

Question 44

Multiple Choice

The current tax rate for Social Security is


A) 7.65 percent for the employee and 7.65 percent for the employer,if not self-employed.
B) 7.65 percent,if self-employed.
C) 6.2 percent for the employee and 6.2 percent for the employer,if not self-employed.
D) 1.45 percent for the employee and 1.45 percent for the employer,if not self-employed.
E) 12.4 percent,if self-employed.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions