Identify the statement below that is not true regarding social security tax.

A. In any given year, there is no limit on the amount of wages subject to social security tax.
B. Social security is sometimes referred to as FICA.
C. Both the employee and the employer pay an equal amount of social security tax on the employee's wages.
D. The social security tax provides benefits for retirement as well as worker disability.


Answer: A

Business

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