Match each payroll item that follows to the one item (a-f) that best describes its characteristics.
-FICA-Medicare
A)Amount is limited, withheld from employee only
B)Amount is limited, withheld from employee and matched by employer
C)Amount is limited, paid by employer only
D)Amount is not limited, withheld from employee only
E)Amount is not limited, withheld from employee and matched by employer
F)Amount is not limited, paid by employer only

Question

Quizplus · Accepted Answer

FICA-Medicare taxes are not capped at a certain income level and are paid both by the employee and matched by the employer, making option E the correct match.

Match Each Payroll Item That Follows to the One Item