list the three payroll federal tax deductions.
list the three payroll federal tax deductions.
Answer
Brief Explanations:
Payroll federal tax deductions in the US commonly include Social - Security tax, Medicare tax, and federal income tax. Social - Security tax funds retirement and disability benefits, Medicare tax is for healthcare for the elderly and certain disabled, and federal income tax is based on income level.
Answer:
- Social - Security tax
- Medicare tax
- Federal income tax