subject
Business, 10.12.2021 20:40 destinyleisantos

Compare how Medicare taxes are paid by individuals who are employees to those who are self-employed. A) Employees do not pay the Medicare tax and the employer pays for both halves of the tax (2.9%). Self-employed individuals pay for both halves of the tax (2.9%).

B) Employees pay for both halves of the tax (2.9%) and the employer does not pay the Medicare tax. Self-employed individuals do not pay Medicare tax.

C) Employees pay half (1.45%) of the Medicare tax while the employer pays the other half. Self-employed individuals pay for both halves of the tax (2.9%).

D) Employees pay half (1.45%) of the Medicare tax while the employer pays the other half. Self-employed individuals pay half (1.45%) of the Medicare tax.

ansver
Answers: 1

Another question on Business

question
Business, 23.06.2019 01:30
Vortex company operates a retail store with two departments. information about those departments follows. department a department b sales $ 800,000 $ 450,000 cost of goods sold 497,000 291,000 direct expenses salaries 125,000 88,000 insurance 20,000 10,000 utilities 24,000 14,000 depreciation 21,000 12,000 maintenance 7,000 5,000 the company also incurred the following indirect costs. salaries $36,000 insurance 6,000 depreciation 15,000 office expenses 50,000 indirect costs are allocated as follows: salaries on the basis of sales; insurance and depreciation on the basis of square footage; and office expenses on the basis of number of employees. additional information about the departments follows. department square footage number of employees a 28,000 75 b 12,000 50 required: 1. determine the departmental contribution to overhead and the departmental net income for department a and department b.
Answers: 2
question
Business, 23.06.2019 03:30
What do u want to be when u grow up
Answers: 2
question
Business, 23.06.2019 04:00
The biweekly taxable wages for the employees of rite shop follow. compute the fica taxes for each employee and the employers fica taxes
Answers: 1
question
Business, 23.06.2019 07:00
Which (if any) of the following scenarios is the result of a natural monopoly? instructions: you may select more than one answer. a. patent holders of genetically modified seeds are permitted to sue farmers who save seeds from one planting season to the next. b. doctors in the united states are prohibited from practicing without a medical license. c. there is one train operator with service from baltimore to philadelphia. d. coal is used as the primary energy in a country with abundant coal deposits.
Answers: 1
You know the right answer?
Compare how Medicare taxes are paid by individuals who are employees to those who are self-employed....
Questions
question
Mathematics, 15.04.2020 20:54
question
Engineering, 15.04.2020 20:54
Questions on the website: 13722367