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Alison earned $100,000 during the year. She elected to defer $4, 000 of her earnings into her employer's 401(k) plan and her employer matched this
Alison earned $100,000 during the year. She elected to defer $4, 000 of her earnings into her employer's 401(k) plan and her employer matched this deferral dollar-for-dollar. In this year, what amount of Alison's earnings were subject to payroll taxes?
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