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Select the One Term That Best Fits Each Definition

Question 7

Multiple Choice

Select the one term that best fits each definition.
-A deduction from total earnings for each person legally supported by a taxpayer, including the employee.


A) 401(k)
B) commission
C) direct deposit
D) electronic funds transfer
E) individual retirement account
F) Medicare tax
G) net pay
H) qualified retirement plan
I) Roth individual retirement account
J) social security tax
K) tax base
L) withholding allowance

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