Which amounts on the payroll register reduce Federal withholding tax but are not deducted for FICA tax
Question:
Which amounts on the payroll register reduce Federal withholding tax but are not deducted for FICA tax computations?
a. Charitable contributions
b. Nonqualified pre-tax insurance
c. Retirement plan (e.g., 401(k)) contributions
d. Garnishments
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 66% (9 reviews)
The amount on the payroll register that reduces Federal withholding tax but is not deducted for ...View the full answer
Answered By
Dulal Roy
As a tutor, I have gained extensive hands-on experience working with students one-on-one and in small group settings. I have developed the ability to effectively assess my students' strengths and weaknesses, and to customize my teaching approach to meet their individual needs.
I am proficient at breaking down complex concepts into simpler, more digestible pieces, and at using a variety of teaching methods (such as visual aids, examples, and interactive exercises) to engage my students and help them understand and retain the material.
I have also gained a lot of experience in providing feedback and guidance to my students, helping them to develop their problem-solving skills and to become more independent learners. Overall, my hands-on experience as a tutor has given me a deep understanding of how to effectively support and encourage students in their learning journey.
0.00
0 Reviews
10+ Question Solved
Related Book For
Payroll Accounting 2023
ISBN: 9781264415618
9th Edition
Authors: Jeanette M. Landin, Paulette Schirmer
Question Posted:
Students also viewed these Business questions
-
Use the information on the payroll register for Heathers Dance School and the form in the working papers to prepare a payroll check for Janice Burns for the week ending March 23, 20--. 1 2 PAY PERIOD...
-
Based on the payroll register below, prepare the following journal entries using the Excel spreadsheet posted under Week 15 in eConestoga. Upload the completed spreadsheet to the Assignments Final...
-
On his 2015 Federal income tax return, Walter deducted state income taxes of $8,000 for amounts withheld and estimated tax payments made in 2015. When he filed his 2015 state income tax return in...
-
The measured and corrected cylinder pressures around IVC (210CA) are given in the table. Find out the reference pressure ppeg (the manifold air pressure) at IVC, using 5 point half-width (n=10) for...
-
Holmes Products, Inc., produces plastic cases used for video cameras. The product passes through three departments. For April, the following equivalent units schedule was prepared for the first...
-
Compare and contrast Theory X-Theory Y to the "Old Leadership Style" and the "New Leadership Style,"
-
Copying of the successful practices of others is called __________. (a) mimicry (b) scanning (c) grafting (d) strategy
-
The trial balance of A. Wiencek Company at the end of its fscal year, August 31, 2017, includes these accounts: Inventory $19,500; Purchases $149,000; Sales Revenue $190,000; Freight-In $5,000; Sales...
-
Which of the following is not a part of Managerial (Cost) Accounting process? A. influencing external parties' decisions B. communicating information to interested users C. identifying transactions...
-
Questions: 1. Charter contracts are negotiable, and charter carriers receive many contract offers that do not promise $300 prices or 80-percent-full planes. Should the airline accept a charter flight...
-
What is true about expenses and liabilities? a. Expenses usually have the word expense in the account title. b. Expenses represent additional sums earned by the company. c. Liabilities represent sums...
-
Using the employer payroll entry from P7-4B, post the employers share of payroll taxes for the March 11 pay period at Appalachian Limited Home Design to the appropriate General Ledger accounts....
-
The statements of profit or loss and other comprehensive income and changes in equity for XY and its subsidiary AZ for the year ended 31 December 20X5 are shown below: Statement of profit or loss and...
-
Draw fully labelled trees for the following words. If the word allows only one tree, just draw it. If the word allows more than one tree, draw all the trees and say which tree means what. 1....
-
Video ---> https://youtu.be/XnxtKuAtjAc the video above gives explanations of the key term related and integral to supply chain management. 1. Explain the meaning, value, and purpose of each...
-
BIG Construction (BC) is building a bridge for $40 million at a total cost of $34 million over the next three years. The company uses percentage of completion method to recognize revenue. Below is a...
-
The same four friends buy tickets for two shows on consecutive nights. They use a coupon for $5 off each ticket. They pay a total of $416 for 8 tickets. Write and solve an equation to find the...
-
You would like to have $200,000 in a college fund in 15 years. How much do you need today if you expect to earn 12% while you are investing to pay for your child's college?
-
The two enantiomers of carvone [systematic name: 2-methyl-5-(l-methylethenyl)-2-cyclohexenone; Chemical Highlight 5-1] are drawn in the margin. Which is R and which is S?
-
Sportique Boutique reported the following financial data for 2012 and 2011. Instructions(a) Calculate the current ratio for Sportique Boutique for 2012 and 2011.(b) Suppose that at the end of 2012,...
-
Assess the importance of the Philly311 project for the city of Philadelphia and its citizens.
-
Why was the Philly311 project so successful? What management, organization, and technology factors contributed to its success?
-
What risk mitigation strategies did Philadelphia use for its Philly311 project? How did they help?
-
7) Dope weed LLC started the year with a normal balance of $73,000 in the Inventoryaccount. During the year, debits totaling $47,500 and credits totaling $60,000 wereposted to the Inventory account....
-
Please need help! The following information is available for the Taylor Manufacturing company for 2020. Requirement Assume that all raw materials are purchased on credit and all sales are credit...
-
Discounted Cash flow dan Non Discounted Cash flow. Jelaskan apa maksud dan perbedaan dari dua konsep tersebut. Metode kriteria analisis investasi apa saja yang termasuk dalam masing-masing konsep...
Study smarter with the SolutionInn App