All of the following statements regarding fica taxes are


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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Financial Accounting: All of the following statements regarding fica taxes are
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