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 the maximum taxable earnings.
b.
Both Social Security and Medicare are applied to all wages without limit.
c.
Medicare is applied to all wages up to the maximum taxable earnings. Social Security is applied to all wages without limit.
d.
Social Security is applied to all wages up to the maximum taxable earnings. Medicare is applied to all wages without limit.

Respuesta :

The best and most correct answer among the choices provided by your question is the fourth choice or letter D.

The statement "Social Security is applied to all wages up to the maximum taxable earnings. Medicare is applied to all wages without limit." best explains the relationship between Social Security and Medicare taxes.

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Answer:

D is the answer

Explanation: