question 1-5

Chapter 4 Test 1. _ All voluntary deductions are subtracted from gross pay to arrive at the taxable earnings used for calculating Social Security tax. A. _ True b.- False 2. _ Assuming that an employee's earnings do not exceed the Social Security Wage Base, the amount of taxable earnings used to calculate Medicare Tax is the same amount to calculate Social Security tax. A . _ True B. - False 3. _ An individual's filing status is used to determine the income threshold over which additional Medicale fat is levied. A . _ True B. - False 14.- Employees may be required to contribute to state disability Insurance, depending on the state's regulations A . _ True B. _ False 5. Relative to FICA taxes, the funds in 401 (k( ) Plan are tax - deferred A - True B. _ False