In 2014, employers withhold from their employees pay for the social security portion of FICA at a

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In 2014, employers withhold from their employees’ pay for the social security portion of FICA at a rate of:

a. 7.65% on the first $117,000 of social security wages.

b. 6.2% on the first $117,000 of social security wages.

c. 7.65% on all social security wages.

d. 6.2% on all social security wages.

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Essentials Of Federal Income Taxation For Individuals And Business

ISBN: 9780808038009

15th Edition

Authors: Linda M. Johnson

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Question Posted: Oct 12, 2024 03:02 AM

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In 2014, employers withhold from their employees pay for the social security portion of FICA at a

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Essentials Of Federal Income Taxation For Individuals And Business

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