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Business, 26.08.2020 18:01 kevenluna10oytivm
All of the following statements regarding FICA taxes are true except:.
a. FICA taxes are deducted from the employee.
b. Employers must pay withheld FICA taxes to the IRS.
c. The amount of FICA deducted from the employee is credited to a liability account.
d. A self-employed person is exempt from FICA taxes.
e. An employer must pay FICA taxes equal to the amount withheld from the employee.
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All of the following statements regarding FICA taxes are true except:.
a. FICA taxes are deducted f...
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