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18 February, 06:57

Which of the following statements explains the relationship between Social Security and Medicare taxes?

a. Both Social Security and Medicare are applied to all wages up to $106,800.

b. Both Social Security and Medicare are applied to all wages without limit.

c. Medicare is applied to all wages up to $106,800. Social Security is applied to all wages without limit.

d. Social Security is applied to all wages up to $106,800. Medicare is applied to all wages without limit.

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  1. 18 February, 08:04
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    The correct answer is letter D. Social Security is applied to all wages up to $106,800. Medicare, on the other hand, is applied to all wages without limit. That is the relationship between Social Security and Medicare.
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