Ask Question
20 March, 20:26

If a 6.2% Social Security tax is applied to a maximum wage of $106,800, the maximum amount of Social Security tax that could ever be charged in a single year is:

a.

$213.60

b.

$6,408.00

c.

$6,621.60

d.

$17,225.81

+3
Answers (1)
  1. 20 March, 20:48
    0
    The correct answer for the question that is being presented above is this one: "c. $6,621.60." Knowing that a 6.2% Social Security tax is applied to a maximum wage of $106,800, the maximum amount of Social Security tax that could ever be charged in a single year is $6,621.60.

    The correct answer for the question that is being presented above is this one: "c. unemployment insurance." Social Security offers all but unemployment insurance.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “If a 6.2% Social Security tax is applied to a maximum wage of $106,800, the maximum amount of Social Security tax that could ever be ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers