The Ceiling Amounts and Percentages for 2017 for the Two

question 66

Essay

The ceiling amounts and percentages for 2017 for the two portions of the self-employment tax are:
​ $\begin{array}{ll}\text { Social Security portion }&\text { Medicare portion }\\\text { a. } \$ 127,200 ; 12.4 \% & \text { Unlimited; } 2.9 \% \\\text { b. } \$ 127,200 ; 15.3 \% & \text { Unlimited; } 2.9 \% \\\text { c. } \$ 118,500 ; 12.4 \% & \text { Unlimited; } 2.9 \% \\\text { d. } \$ 118,500 ; 2.9 \% & \text { Unlimited; } 13.3 \%\end{array}$

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Definitions:

Salmon Flies

Artificial fishing baits designed to imitate the adult form of salmon flies used in fly fishing.

Population

The entire group of individuals or instances about whom the research is concerned and to which the results of studies are intended to be generalized.

Annual Rainfall

A meteorological measurement indicating the total amount of precipitation received over a year in a given area.

Drought

An extended period of deficient rainfall relative to the statistical multi-year average for a region, resulting in water scarcity.