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Question 30 Which of the following statements about FICA is true? O An employee can deduct on the Form 1040 his/her portion of FICA that is withheld from his/her wages. O There is a ceiling on the amount of annual wages that are subject to the Social Security porti of the FICA tax. O There is a celing on the amount of annual wages that are subject to the Medicare portion of FICA tax. O Companies are required to withhold FICA from the amounts they pay to independent contractors. Question 30 Which of the following statements about FICA is true? O An employee can deduct on the Form 1040 his/her portion of FICA that is withheld from his/her wages. 1 pts O There is a ceiling on the amount of annual wages that are subject to the Social Security portion of the FICA tax. O There is a celing on the amount of annual wages that are subject to the Medicare portion of the FICA tax. O Companies are required to withhold FICA from the amounts they pay to independent contractors