look at a portion of a sample paycheck: the descriptions are examples of what kind of taxes? payroll…
look at a portion of a sample paycheck: the descriptions are examples of what kind of taxes? payroll property income excise description 5,989.84 309.54 fed withholding 1,323.53 fed med/ee 1,407.62 fed oasdi/ee ny withholding ny new york withhold
Answer
Answer:
A. payroll
Brief Explanations:
Payroll taxes are deducted from paychecks and include items like federal withholding, Social - Security (OASDI) and Medicare (MED) withholdings shown in the paycheck portion. These are not property, income (in the general sense of income tax on total income), or excise taxes.