Which of the following are true about Social Security and Medicare tax deductions? A. They are applied
Question:
Which of the following are true about Social Security and Medicare tax deductions?
A. They are applied to the gross pay.
B. Contributions to a 401(k) plan are exempt from these taxes.
C. Medicare taxes apply to all earnings.
D. Certain pre-tax deductions are exempt from Social Security and Medicare tax computations.
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A They are applied to the gross pa...View the full answer
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Related Book For
Payroll Accounting 2017
ISBN: 978-1259572180
3rd edition
Authors: Jeanette Landin, Paulette Schirmer
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