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1. All of the following statements regarding FICA taxes aretrue except : a. FICA taxes are deducted from theemployee. b. Employers must pay withheld FICAtaxes

1. All of the following statements regarding FICA taxes aretrue except:

a. FICA taxes are deducted from theemployee.
b. Employers must pay withheld FICAtaxes to the IRS.
c. The amount of FICA deducted fromthe employee is credited to a liability account.
d. A self-employed person is exemptfrom FICA taxes.
e. An employer must pay FICA taxesequal to the amount withheld from the employee.

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