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Which of the following statements is/are true about Medicare tax? A.All employee earnings more than the pre-tax deductions are subject to Medicare tax. B.Employers match
Which of the following statements is/are true about Medicare tax?
- A. All employee earnings more than the pre-tax deductions are subject to Medicare tax.
- B. Employers match all Medicare taxes withheld.
- C. The Medicare tax rate is 1.45%.
- D. Additional Medicare tax is withheld for employees who earn more than $50,000 annually.
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Income Tax Fundamentals 2015
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven Gill
33rd Edition
9781305177772, 128543952X, 1305177770, 978-1285439525
