Payroll Deductions Practice

Front

Which payroll deduction funds government programs and services?

Back

Federal Tax

Front

Which of the following is NOT a payroll deduction? Overtime pay, State Tax, Federal Tax, FICA Social Security

Back

Overtime pay

Front

What is the current Social Security tax rate?

Back

6.2%

Front

Which payroll deduction provides health insurance benefits for people age 65 or older? Options: Medicaid, FICA, FICA Medicare, Health Insurance

Back

FICA Medicare

Front

Which payroll deduction funds local services and community programs in our state?

Back

State Tax

Front

What is the current Federal Tax rate?

Back

15%

Front

What is the current Medicare tax rate?

Back

1.45%

Front

Which payroll deduction is used to fund Social Security benefits?

Back

FICA tax

Front

What is the current State Tax rate?

Back

4.0%

Front

What is YTD?

Back

Year-To-Date