The maximum tax bases and percentages for 2017for the two portions of the self-employment tax are which

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The maximum tax bases and percentages for 2017for 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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Fundamentals Of Taxation 2018

ISBN: 9781259713736

11th Edition

Authors: Ana M. Cruz Dr., Michael Deschamps, Frederick Niswander, Debra Prendergast, Dan Schisler

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Question Posted: Nov 19, 2018 12:41 PM

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The maximum tax bases and percentages for 2017for the two portions of the self-employment tax are which

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Fundamentals Of Taxation 2018

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