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If you work for yourself, you are responsible for paying which of the following? Federal income tax Half of Medicare and Social Security taxes Full amount of Medicare and half Social Security taxes Half of Medicare and half of federal income tax

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If you work for yourself, you are responsible for paying which of the following?
Federal income tax
Half of Medicare and Social Security taxes
Full amount of Medicare and half Social Security taxes
Half of Medicare and half of federal income tax

If you work for yourself, you are responsible for paying which of the following? Federal income tax Half of Medicare and Social Security taxes Full amount of Medicare and half Social Security taxes Half of Medicare and half of federal income tax

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BetsyProfessional · Tutor for 6 years

Answer

If you work for yourself, you are responsible for paying the full amount of Medicare and half of Social Security taxes, as well as federal income tax.
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