10/11/22 FM

FICA stands for _____________

• Federal Income Commerce Act

• Federal Income Contributions Act

• Federal Insurance Commerce Act

• Federal Insurance Contributions Act

Overtime pay is calculated by multiplying regular pay by __________?

• .5

• 1.5

• 2

• None of these

The amount of money left in an employee's paycheck after all the deductions have been taken out.

• Rate

• Salary

• Gross Pay

• Net Pay

The amount of money in an employee's paycheck before any deductions have been taken out.

• Rate

• Salary

• Gross Pay

• Net Pay

Which IRS form is provided at the end of the year by employers, so you can do your taxes?

• IRS Form W-2

• IRS Form W-4

• IRS Form 1099

• IRS Form 1040