BUISENESS MANAGEMENT
TAXES
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which tax provides for medical benefits?
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FICA Tax
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Federal Income Tax
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Social Security Tax
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Medicare Tax
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Explanation:
Detailed explanation-1: -Medicare tax-used to provide medical benefits for certain individuals when they reach age 65. Workers, retired workers, and the spouses of workers and retired workers are eligible to receive Medicare benefits upon reaching age 65. payroll taxes-include Social Security and Medicare taxes.
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