Question: For Tax Year 2 0 2 3 , what is the amount employers are required to withold from an employee's gross pay for social security

For Tax Year 2023, what is the amount employers are required to withold from an employee's gross pay for social security tax and medicare tax?
1.45% social security tax up to a maximum base amount of $160,200, and 6.2% medicare tax vith no maximum.
6.2% social security tax up to a maximum base amount of $147,000, and 1.45% medicare tax with no maximum.
6.2% social security tax up to a maximum base amount of $160.200, and 1.45% medicare tax vith no maximum.
7.65% social security tax up to a maximum base amount of $160.200, and .09% medicare tax with no maximum.
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For Tax Year 2 0 2 3 , what is the amount

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