Question: State values for the current tax year 2. (3 points) What is the maximum dollar amount of annual earnings that will be subject to Social

State values for the current tax year State values for the current tax year 2. (3 points) What is

2. (3 points) What is the maximum dollar amount of annual earnings that will be subject to Social Security taxes (also called the Social Security wage base)? 3. (3 points) What percent is the employee charged for Social Security taxes? 4. (3 points) What percent is the employer charged for the employer portion of Social Security tax for each employee that works for them? 5. ( 3 points) What is the maximum dollar amount of annual wages that will be subject to Medicare taxes? 6. ( 3 points) What percent is the employee charged for Medicare taxes? 7. (3 points) What percent is the employer charged for the employer portion of Medicare tax for every employee that works for them

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