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Which of the following is true about Social Security and Medicare taxes as they pertain to earnings limits ? Multiple Choice Social Security tax applies
Which of the following is true about Social Security and Medicare taxes as they pertain to earnings limits
Multiple Choice
Social Security tax applies only to earnings greater than the wage base.
Highly compensated employees are subject to additional Medicare tax withholding.
Employers must match all Medicare contributions for highly compensated employees.
Employees contribute the same percentage of gross pay to Medicare regardless of their YTD gross pay.
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