1: Which rates provides for medical benefits?

FICA tax
Federal income charge
Social Security tax
Medicare toll

2: How much income tax do employer withhold from employee pay packet?
A. 6.2% of gross pay
B. 1.45% of gross reimburse
C. 7.65% of gross pay
D. Employers use the information on Form W-4 to compute income due withholding.


3: Net pay
A. is more than gross earnings.
B. is also known as take-home recompense.
C. is gross pay minus 7.65%.
D. depends on how much the hand wants to reward in Social Security taxes


4: Employees establish when to pay their payroll taxes.
A. True
B. False
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5: Federal income taxes are used to pay cheque the interest on the national debt.
A. True
B. False
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6: In 2006, the Medicare tax rate be 1.45% of gross pay.
A. True
B. False
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7: Employees use Form W-4 to prove that they are eligible to work surrounded by the United States.
A. True
B. False
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8: The Social Security tax rate is
A. 1.45%.
B. 6.20%.
C. 7.65%.

I enjoy a stimulus money ask?

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Answers:   1. Medicare
2. D
3. B
4. False

5. I believe this is False b/c taxes are the finances by which the society raises the money to cover public costs. (Well supposed to be anyway...lol) Also on the national stratum, Federal income taxes help retribution for defense for the country. They also pay for property facilities such as highway and other transportation services, and for help for those who are poor or ailing.

6. True
7. False
8. B

Are you cheating on a test or homework?.lol...

MRS. JRW

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