The Ceiling Amounts and Percentages for 2014 for the Two

question 61

Multiple Choice

The ceiling amounts and percentages for 2014 for the two portions of the self-employment tax are:
Social Security portion Medicare portion

• A) $113,700; 12.4% Unlimited; 2.9%
• B) $113,700; 15.3% Unlimited; 2.9%
• C) $117,000; 12.4% Unlimited; 2.9%
• D) $117,000; 2.9% Unlimited; 13.3%
• E) None of the above.

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