Respuesta :
Full Question:
Which of the following is a possible tax or deduction that they may show up on your paycheck?
A. Federal income tax
B. Contributions to retirement savings
C. FICA
D. All of the above
Answer:
All of the above is a possible tax or deduction that they may show up on your paycheck
Explanation:
An vital element of agreement with IRS laws concerning federal income taxes is Payroll tax deductions. From an employee's paycheck the law obliges to that kept payroll taxes. To numerous tax firms these withholdings require to be send by the employers.Federal income tax withholding has been included in this.
Social Security and Medicare taxes are part of the FICA taxes . If the worker has granted to the deduction then voluntary payroll deductions are reserved in his/her paycheck. Retirement plan contributions belongs to this voluntary payroll deduction.
Sales tax is not a possible tax deduction that could show up on your paycheck.
There are several deductions and taxes that will show up on a person's paycheck and they include:
- State income tax which is a percentage given you the state that one works in
- FICA which is social security tax that everyone pays to the Federal government and,
- Contributions to retirement savings which is to ensure that when a person retires, they receive a stable income.
A sales tax is charged on goods and services when they are purchased.
We can therefore conclusively say that sales taxes do not come from a person's paycheck.
For more information look at https://brainly.com/question/20853786.
Options for this question include:
State income tax
Contributions to retirement savings
FICA
Sales tax
