The Grass Doctor

please help?

1: Which tax provides for medical benefits? A. FICA tax B. Federal income tax C. Social Security tax D. Medicare tax 2: How much income tax do employers withhold from employee pay? A. 6.2% of gross pay B. 1.45% of gross pay C. 7.65% of gross pay D. Employers use the information on Form W-4 to compute income tax withholding. 3: Net pay A. is more than gross pay. B. is also known as take-home pay. C. is gross pay minus 7.65%. D. depends on how much the employee wants to pay in Social Security taxes 4: Employees decide when to pay their payroll taxes. A. True B. False -- -- 5: Federal income taxes are used to pay the interest on the national debt. A. True B. False -- -- 6: In 2006, the Medicare tax rate was 1.45% of gross pay. A. True B. False -- -- 7: Employees use Form W-4 to prove that they are eligible to work in the United States. A. True B. False -- -- 8: The Social Security tax rate is A. 1.45%. B. 6.20%. C. 7.65%. 9: Employees send their payroll taxes directly to the federal government. A. True B. False -- -- 10: Employers use which form to compute the amount of federal income tax to withhold? A. Form W-4 B. Form W-2 C. Form 1040EZ -- 11: Gross pay is the amount of pay the employee takes home. A. True B. False -- -- 12: Who completes Form W-4? A. Employer B. Employee C. IRS -- 13: Wages earned by a worker at a casual fast-food restaurant are A. Taxable B. Nontaxable -- -- 14: Tips earned by a server in a fashionable restaurant are A. Taxable B. Nontaxable -- -- 15: Overtime pay earned by a construction worker for working extra hours to complete a project on time is A. Taxable B. Nontaxable -- -- 16: Bonus given to a salesperson for making the most sales during the month is A. Taxable B. Nontaxable -- -- 17: Free lawn care service for a month for a mailroom employee who developed a handbook for new employees is A. Taxable B. Nontaxable -- -- 18: Interest income is earned on all of the following except A. U.S Saving Bonds. B. rental properties. C. deposits in savings accounts D. deposits in credit union accounts. 19: Which statement is not true? A. Interest is the charge for the use of money. B. Interest income is considered unearned income. C. Interest income may be taxable or tax-exempt. D. The U.S government does not pay interest. 20: Alexa earned $145 from money in her savings account. This amount is A. Taxable B. Nontaxable -- --

Public Comments

1. Why should I do your entire homework worksheet. Get your text book or notes out and study!
2. Help is doing 1 or 2 problems Laziness is asking someone else to do 20 for you. You would get more help and sympathy if you could manage to break these up into multiple Y!A questions.