Which of the following deductions is paid by both the employer and employee?
A)Federal income taxes
B)Federal unemployment taxes
C)FICA taxes
D)SUTA taxes

Question

Quizplus · Accepted Answer

FICA taxes include Social Security taxes and Medicare taxes, which are deducted from the employee's paycheck and matched by the employer. Therefore, both the employer and employee contribute towards FICA taxes. Federal income taxes, Federal unemployment taxes, and SUTA taxes are typically only paid by the employer.

Which of the Following Deductions Is Paid by Both the Employer