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The maximum tax bases and percentages for 2017 for the two portions of the self-employment tax are which of the following? Social Security Medicare a.
The maximum tax bases and percentages for 2017 for the two portions of the self-employment tax are which of the following?
Social Security | Medicare | |
a. | $127,200; 12.4% | Unlimited; 2.9%. |
b. | $127,200; 12.4% | Unlimited; 15.3%. |
c. | $118,500; 12.4% | Unlimited; 2.9%. |
d. | $118,500; 15.3% | Unlimited; 15.3%. |
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