Which of the following statements is/are true about Medicare tax? (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes
Left with a question mark will be automatically graded as incorrect.)
A) Additional Medicare tax is withheld for employees who earn more than $150,000 annually.
B) Employers match all Medicare taxes withheld.
C) The Medicare tax rate is 1.45%.
D) All employee earnings less pre-tax deductions are subject to Medicare tax.
Correct Answer:
Verified
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