Which of the following are included in the employer's payroll taxes?

Question

BlackTom AI · Accepted Answer

Question restatement: The task asks which items are included in the employer's payroll taxes, with four options to choose from.
Option 1: 'SUTA taxes' — State Unemployment Tax Act taxes: Employers pay these unemployment taxes to fund state unemployment programs. They are a standard part of employer payroll taxes, so this option is correctzy aligned with employer obligations.
Option 2: 'FUTA taxes' — Federal Unemployment Tax Act taxes: Employers pay FUTA to fund federal unemployment programs. This is another typical component of employer payroll taxes, making this option correct in the general sense.
Option 3: 'social security taxes' — This refers to the employer’s share of Social Security tax (a portion of FICA). In addition to withholding the employee portion, employers contribute their own share, so this is indeed included in employer payroll taxes.
Option 4: 'all are included in employer taxes' — This statement asserts that all of the above items are part of what employers pay as payroll taxes. Since SUTA, FUTA, and the employer portion of Social Security (along with Medicare under FICA) are standard employer obligations, this option correctly reflects the full set.
Analysis of potential misconceptions:
- If someone thought only SUTA or FUTA were included, that would omit one of the other unemployment taxes and the payroll tax components, which is inaccurate.
- If someone assumed only employee withholdings are taxes, they would miss the employer portion of Social Security and Medicare taxes (FICA), which are paid by the employer as well.
- The question centers on employer obligations, not total payroll tax withholding for employees; confusing these scopes can lead to incorrect conclusions.
Overall, recognizing that SUTA, FUTA, and the employer portion of Social Security (FICA) are all part of employer payroll taxes supports the inclusive option as correct. The phrasing in the provided answer set marks 'all are included in employer taxes' as the correct choice, which aligns with standard payroll tax responsibilities for employers.

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Which of the following are included in the employer's payroll taxes?

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Which of the following are included in the employer's payroll taxes?

View Explanation

Log in for full answers

Similar Questions

Which of the following taxes would be deducted in determining an employee's net pay?

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