Cengagenowv2 For Whittenburg/altus-buller/gill's Income Tax Fundamentals 2020, 1 Term Printed Access Card
Cengagenowv2 For Whittenburg/altus-buller/gill's Income Tax Fundamentals 2020, 1 Term Printed Access Card
38th Edition
ISBN: 9780357107065
Author: Gerald E. Whittenburg, Martha Altus-Buller, Steven Gill
Publisher: Cengage Learning
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Chapter 9, Problem 9MCQ
To determine

Concept Introduction:

The FICA taxes: The Federal Insurance Contribution Act imposes the Social Security and Medicare Tax that provide benefits to qualified retired and disable workers. Both employers and employees are allowed to pay FICA taxes.

To indicate: The statement that is not true under FICA tax

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