Question: Question Content Area The ceiling amounts and percentages for 2 0 2 4 for the two portions of the self - employment tax are: Social

Question Content Area
The ceiling amounts and percentages for 2024 for the two portions of the self-employment tax are:
Social Security portionMedicare portion
a. $160,200; 15.3%Unlimited; 2.9%
b. $160,200; 12.4%Unlimited; 2.9%
c. $168,600; 12.4%Unlimited; 2.9%
d. $168,600; 2.9%Unlimited; 13.3%

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