Question

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:

a. $213.60
b. $6,408.00
c. $6,621.60
d. $17,225.81 User: Social Security offers all but which of the following benefits?
a. food stamps
b. home loans
c. unemployment insurance
d. veteran benefits

Answer 1

I Believe both are C

Explanation

Answer 2

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.