MAP Personal Finance EOC Practice Questions - Missouri Assessment Program (MAP) Personal Finance End-of-Course Assessment Exam

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Which mandatory payroll taxes make up the total employee FICA (Federal Insurance Contributions Act) deduction on a pay stub?

Federal income tax and State income tax State disability tax and Federal unemployment tax Local earnings tax and Sales tax Social Security tax (6.2%) and Medicare tax (1.45%)

Correct Answer:

Social Security tax (6.2%) and Medicare tax (1.45%)

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