Which of the following taxes is only paid by the employer?
A) FICA
B) FUTA
C) Social Security tax
D) Medicare tax

Question

Quizplus · Accepted Answer

FUTA (Federal Unemployment Tax Act) is a tax that is only paid by the employer. FICA (Federal Insurance Contributions Act) includes both Social Security and Medicare taxes, which are also partially paid by the employee. Therefore, options A, C, and D are incorrect because they include taxes that are partly paid by the employee.

Which of the Following Taxes Is Only Paid by the Employer