Question

1. Social Security,

Federal & State unemployment taxes,

Income Taxes

Social Security

Medicare

Use the terms in bold and pair them with the statements below

The two parts of FICA

Taxes paid by both the employer and employee

Applies at an even rate to all wage income

In 2015, applied only to the first $118,500 of wage income

Paid by the employee only

The rate varies depending on the employee's income

Paid by the employer only

Answer 1

STATEMENTS
1.The two parts of FICA	social security and medicare
2.Taxes paid by both employer and employee.	Social security and medicare
3.Applies at an even rate to all wages income	Federal & State unemployment taxes
4.In 2015,applied only to the first $118500 of wages income	social security
5.Paid by the employee only	Income taxes
6.The rate varies depending on the employee's income	Income taxes
7.Paid by the employer only	Federal and state unemployment taxes