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andre [41]
3 years ago
8

Which of the following taxes are paid by the employee and the employer?a. FUTAb. SUTAc. FICAd. Federal withholding taxes

Business
1 answer:
Basile [38]3 years ago
7 0

Answer:

The correct answer is letter "C": FICA.

Explanation:

FICA (<em>Federal Insurance Contributions Act</em>) tax is a mandatory deduction taken from employees' payment to cover elder American's Social Security and Medicare. It is a 12,4% deduction financed by two parts: half of that amount is taken from the worker's paycheck and the other half is paid by the employer.

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