Which of the following would be used to compute the federal income taxes to be withheld from an employee's earnings?
A) FICA tax rate
B) wage and tax statement
C) FUTA tax rate
D) wage bracket and withholding table

Question

Quizplus · Accepted Answer

The wage bracket and withholding table would be used to compute the federal income taxes to be withheld from an employee's earnings. The FICA tax rate is used to calculate Social Security and Medicare taxes, the wage and tax statement (or W-2 form) reports an employee's income and taxes paid over the course of a year, and the FUTA tax rate is used to calculate federal unemployment taxes.

Which of the Following Would Be Used to Compute the Federal