whish of the fallowing is paid equally by employer and emloyee?

Question

A. workers' compensation
B. FICA tax
C. Unemployment insurance
D. federal income tax

Answer 1

social security

Answer 2

Actually, none of the answers are totally correct. FICA is normally paid equally between the employer and employee HOWEVER there is an exception to that. If an employee earns more than the Social Security cap ($97,500 for 2007) split between 2 or more employers the employee will receive a refund of the excess SS portion of FICA paid when they file but the employers must still pay the full SS portion until THEY have paid the cap amount to the employee each year. In this case, the employers as a whole would pay MORE FICA tax than the employee would.

So, 'B' is the best answer, but with a big "BUT" in rare cases.

Answer 3

B. FICA tax. Social security and medicare are taken out of employee's checks and the employer pays the employee portion plus the matching amount of social security and medicare to the IRS.

Answer 4

FICA tax which is made up of social security and medicare

Answer 5

b is correct. Workers comp and unemployment comp are paid by the employer; federal income tax is paid by the employee.