Waiting for answer This question has not been answered yet. You can hire a professional tutor to get the answer.
QUESTION
Which of the following statements is/are true about Medicare tax?
- A. All employee earnings more than the pre-tax deductions are subject to Medicare tax.
- B. Employers match all Medicare taxes withheld.
- C. The Medicare tax rate is 1.45%.
- D. Additional Medicare tax is withheld for employees who earn more than $50,000 annually.
