LO 4-1, 4-2, 4-3, 4-5 Kit is reviewing benefits with you, the payroll accountant for Silly Lemon

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LO 4-1, 4-2, 4-3, 4-5 Kit is reviewing benefits with you, the payroll accountant for Silly Lemon Films. Classify the following benefits as pre-tax or post-tax deductions and as taxable or tax-exempt for federal income tax.

Benefits Benefit Pre-Tax Post-Tax Taxable Tax Exempt Medical insurance FSA AFLAC Graduate school tuition at

$11,000 annually On-site meals

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Payroll Accounting 2024

ISBN: 9781266832352

10th International Edition

Authors: Jeanette Landin, Paulette Schirmer

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