Paycheck Deductions Quiz

a. My employer has the option not to withhold anything from my employee paycheck

b. My employer must withhold money from my paycheck to pay federal income tax and FICA contributions even if I don’t give my consent

c. My employer may withhold money from my paycheck to pay federal income tax and FICA contributions but only if I agree to this

d. None of these are true

Correct! Wrong!

a. FICA stands for the Federal Insurance Contributions Act

b. FICA is also a reference to Social Security

c. An employer pays half of my Social Security tax and I pay the other half

d. All of the above are true

Correct! Wrong!

a. An independent contractor is someone employed in the construction trade

b. An independent contractor is a self-employed person who provides services for others but controls the methods for doing the work

c. An independent contractor has twice the level of taxes withheld from his or her paycheck

d. None of the above are true

Correct! Wrong!

Paycheck Deductions

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