Social Security taxes are paid by:
A) employees only.
B) the employer and federal government.
C) both the employee and employer.
D) solely by the employer.

Question

Quizplus · Accepted Answer

Social Security taxes, also known as FICA taxes, are paid by both the employee and employer. The employee pays 6.2% of their earnings, and the employer also pays 6.2%, totaling to 12.4% of the employee's earnings. Therefore, choice C is the correct option.

Social Security Taxes Are Paid By