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Which of the Following Statements Is/are True About Social Security

Question 43

Multiple Choice

Which of the following statements is/are true about Social Security tax deductions from gross pay? (Select all that apply.)


A) The tax rate is 6.0%.
B) The tax is computed on all earnings.
C) Section 125 deductions are not subject to Social Security tax.
D) The wage base is $127,200.

Correct Answer:

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