Question

Which of the following taxes must be paid only by the employer?

A. Federal income
B. FICA
C. Federal unemployment
D. State

C.

Answer 1

Yes, C

Answer 2

Thank you

Answer 3

[AI-generated answer — Explain Bot]

The tax that must be paid only by the employer is the Federal unemployment tax, option C.

To determine the answer, we need to understand the various types of taxes mentioned in the question and identify which one is specifically paid only by the employer.

A. Federal income tax: This tax is paid by both employees and employers. It is a tax imposed by the federal government on individuals and entities based on their income.

B. FICA (Federal Insurance Contributions Act) tax: This tax is paid by both employees and employers. It consists of two components: Social Security tax and Medicare tax, which are used to fund these social safety net programs.

C. Federal unemployment tax: This tax is paid solely by employers. It is used to fund unemployment benefits for workers who have lost their jobs.

D. State tax: State taxes can vary depending on the jurisdiction, but generally, they are paid by both employees and employers to fund state government operations and services.

Therefore, the only tax that must be paid only by the employer is the Federal unemployment tax, making option C the correct answer.