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Which of the following statements is/are true about Social Security tax deductions from gross pay? A.The tax rate is 6.0%. B.The tax is computed
Which of the following statements is/are true about Social Security tax deductions from gross pay?
- A. The tax rate is 6.0%.
- B. The tax is computed on all earnings.
- C. Section 125 deductions are not subject to Social Security tax.
- D. The wage base is $120,200.
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