multiple choice\nquestion 17\nlisten\ntrue or false: social security tax is 6.2% of gross earnings and…

multiple choice\nquestion 17\nlisten\ntrue or false: social security tax is 6.2% of gross earnings and medicare tax is 1.45% of gross earnings. together these make up the deduction fica.\na true\nb false

multiple choice\nquestion 17\nlisten\ntrue or false: social security tax is 6.2% of gross earnings and medicare tax is 1.45% of gross earnings. together these make up the deduction fica.\na true\nb false

Answer

Brief Explanations:

FICA (Federal - Insurance Contributions Act) deductions consist of social security tax at 6.2% of gross earnings and Medicare tax at 1.45% of gross earnings.

Answer:

A. True