5. Which of the following deductions are not levied on the employer? a. Income taxes withheld. b. SSS premiums. c. Medicare contributions. d. none of the given.

Q: Identify two different types of deductions that an employer is required to subtract from a

A: There are several deductions from paycheck but two are absolutely necessary other are optional.

Q: health insurance plan is also available. b.Long-term care premiums may not be deducted within…

A: In a nutshell, the self-employed health insurance deduction allows self-employed people to deduct…

Q: Contributions of the employer for the benefit for the benefit of the employee to retirement,…

A: Income tax:    It is the amount a person is liable to pay on the earned amount in an accounting…

Q: In determining an employee's net pay, which of the following taxes would not be deducted? a.SUTA…

A: Employees net pay = Gross pay - All payroll deductions

Q: Which of the following does NOT apply to both a W−2 and a W−​3?     A. Reports the total amount of​…

A: IRS forms W-2 and W-3 both are submitted by the employer to Social Security Administration and both…

Q: Which of the following taxes has a ceiling and is only paid by the employer? Group of answer choices…

A: Income taxes is the amount that is charged by the government on the income earned by an individual…

Q: posit for their pay. C. The fringe benefit must be subject to income tax. D. The amount of the…

A: 1  The right answer is D. The amount of the deduction must be listed on the employee's pay advice. 2…

Q: Which of the following is true regarding Social Security benefits? a. Tax-exempt interest income…

A: Social Security benefits refers to the payments received from the Social Security Administration, a…

Q: Which expense is an option company's can choose to offer for their employees:

A: Q1 answer is Option D) Medicare  Q 2 statement is False

Q: The Federal Insurance Contributions Acta.  requires employer FICA liabilities to be recorded upon…

A: The correct answer is Option (d).

Q: Question 8: Which of the following is not a mandatory deduction from gross pay? Answer: A. Federal…

A: Introduction:- Deductions are take out from employees gross pay. Some mandatory payroll tax…

Q: Payments by employers of premiums on life insurance for employees are not taxable benefits. Select…

A: Tax deductible Expenses: Expenses that are deductible for tax purposes include those deemed…

Q: Question 4: Schedule A (Form 940) is used in each of the following circumstances except when:…

A: * As per the bartleby guidelines in case of different questions answer first only FORM 940 - if the…

Q: Which of the following is NOT a valid use of Form 990-1? O Request credit for certain excise taxes…

A: Filling out Form 990-T is how exempt organizations:declare any unrelated business revenue.Determine…

Q: Question 6: FUTA tax is paid solely by the employer. Answer: A. True В. False

A: Answer -6 Futa tax is a payroll tax that is solely paid by the employer . In other words, it is…

Q: The portion of FICA taxes designated as Medicare is paid by a.employees only. b.the employer and the…

A: FICA is a U.S. federal payroll tax. FICA stands for The Federal Insurance Contributions Act.

Q: Which of the following is not an item deducted from salary expense to arrive at net pay? Multiple…

A: Tax liability is the amount of money in the form of tax debt  you owe to tax authorities . In other…

Q: Determine if this shall result in recognition of liabilities 11. withholding of taxes on employees'…

A: The employer will need to pay the amount  of tax withhold on employees compensation to government.

Q: Which of the following is subject to income tax? A. De minimis benefits B. Income tax paid by the…

A: SOLUTION EXPLANATION- AS DEFINED BY U.S , INTERNAL REVENUE SERVICE "CONVENIENCE OF EMPLOYER…

Q: Question 5: Which of the following employee taxes is matched by the employer? Answer: A. State…

A: Introduction:- Payroll taxes are the state and federal taxes. As an employer, are responsible to…

Q: Which of the following taxes is paid by the employee and the employer? a.SUTA b.Federal withholding…

A: SUTA: State Unemployment Tax Rate  FUTA: Federal Unemployment Tax Rate  FICA: Federal Insurance…

Q: Which of the following amounts paid by an employer to an employee is not subject to withholding? Oa.…

A: Given : Multiple options  a) Salary  b) Travel expense reimbursements from an accountable plan c)…

Q: Question 2: Which of the following is the due date for Form 940 when it is submitted without a…

A: Question 2: The deadline to submit Form 940 is January 31. You have until February 10 to file if you…

Q: Which of the following is not deducted from an employee’s salary? a. FICA taxes.b. Unemployment…

A: Payroll tax The costs incurred by an employer to pay the employee for his labor, including other…

Q: Which of the following items is exempt from including into the assessable income for salaries tax…

A: Correct option is D.  End of contract gratuities     Explanation:

Q: Question 6: Which of the following is not a voluntary deduction from gross earnings? Answer: A. O…

A: Paycheck: A paycheck is given by a business to pay a representative for services delivered. It is a…

Q: Which of the followings is included in taxpayer’s gross income (i.e., taxable)?

A: 1. a) Compensatory damage payments received from physical injury by accident caused by other party…

Q: Contributions of the employer for the benefit for the benefit of the employee to retirement,…

A:

Q: which of the following is not a covid-19 tax relief provision available to a self-employed taxpayer?…

A: Step 1 Tax relief is an initiative that is designed to reduce the amount of taxes paid by…

Q: Which of the following statements is false regarding an employee's contribution into a 401(k) tax…

A: The question is based on the concept of Accounting theory.