josh just started a new job. he earned $1,900 for two weeks of work, but the amount on his paycheck was only…

josh just started a new job. he earned $1,900 for two weeks of work, but the amount on his paycheck was only for $1,100. what is the most likely reason for why this occurred? select a response. he did not account for withholding taxes or deductions. he chose not to fill out a w - 4 form when he started his job. he declined to participate in the companys 401(k) plan. he declined health insurance coverage.

josh just started a new job. he earned $1,900 for two weeks of work, but the amount on his paycheck was only for $1,100. what is the most likely reason for why this occurred? select a response. he did not account for withholding taxes or deductions. he chose not to fill out a w - 4 form when he started his job. he declined to participate in the companys 401(k) plan. he declined health insurance coverage.

Answer

Brief Explanations:

Withholding taxes and deductions such as income - tax, Social Security, and Medicare are common reasons for the difference between gross and net pay. Not filling out a W - 4 affects tax withholding but not as directly as the general concept of withholding. Declining 401(k) or health insurance would not cause such a large reduction in paycheck amount compared to withholding.

Answer:

He did not account for withholding taxes or deductions.