Answered: In 2019, household employees are not…

In 2019, household employees are not required to pay FICA taxes on cash payments of less than $2,100 paid to any household employees in a calendar year. True or False

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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In 2019, household employees are not required to pay FICA taxes on cash payments of less than $2,100 paid to any household employees in a calendar year. True or False

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