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baconway:
Everyone is required to pay social security taxes. Please find the statement that best describes how much each person pays. 1. I am self employed and don't have to pay social security taxes only income tax. 2. An individual pays 6.2% and your employer pays 6.2%, if self employed you pay a total of 12.4% 3. An individual pays 1.45% and your employer pays 1.45%, if self employed you pay a total of 2.9% 4. An individual pays $1200 per quarter in social security.
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