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3 years ago

Which of the following is an example of a tax authorized under the Federal Insurance Contributions Act (FICA)?

History

2 answers:

Wewaii [24]3 years ago

8 0

The answer to the above question is B: Social Security tax

svetoff [14.1K]3 years ago

6 0

The correct answer is Social Security tax.

Social Security tax is an example of a tax authorized under the Federal Insurance Contributions Act (FICA).

The Federal Insurance Contributions Act or FICA is a United States law. What this law does is create a payroll tax that requires the deduction from the paychecks of employees. This Federal Act also deducts a contribution from employers to fund two programs from the government: the Social Security and Medicare programs. What happen with people that are self-employed?. For them, there is a similar law, the Self-Employed Contributions Act or SECA.

That is why a Social Security tax is an example of a tax authorized under the Federal Insurance Contributions Act (FICA).

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2 years ago

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Rina8888 [55]

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To know more about the terror attacks on september 11 follow the link:

brainly.com/question/27439510

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