Question

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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 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%)

c) 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

d) 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

Answer 1

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%)

Step-by-step explanation:

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