Required Deductions
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Last updated 12:41 PM on 5/19/25
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4 Terms
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Federal and state income taxes
Based on your income and filing status, and are remitted to the respective government agencies
2
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Social Security and Medicare taxes (FICA)
Taxes fund Social Security retirement benefits and Medicare health insurance
3
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Wage garnishments
Court-ordered deductions for debts like child support, unpaid taxes, or loan repayments
4
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(Needed a extra flashcard)
Note 
Flashcards (46)