accounting question about taxes??

4 ⤊

accounting question about taxes??

For which of the following taxes is there no ceiling on the amount of employee annual earnings subject to the tax?

a. both federal and state unemployment tax
b. only state unemployment compensation tax
c. only federal unemployment compensation tax
d. federal income tax

2007-04-09 11:21:04 · 4 answers · asked by Nichole 4 in Business & Finance ➔ Taxes ➔ United States

4 answers

D. There is no ceiling on taxes for federal income tax. Wouldn't Bill Gates love that?

2007-04-09 11:25:20 · answer #1 · answered by sunshine 3 · 1⤊ 0⤋

D. There is no ceiling for federal income tax.

2007-04-09 11:40:33 · answer #2 · answered by Prue 2 · 1⤊ 0⤋

2007-04-09 11:35:40 · answer #3 · answered by Bostonian In MO 7 · 1⤊ 0⤋

2007-04-09 11:41:58 · answer #4 · answered by Anonymous · 1⤊ 0⤋