Taxable Earnings column on the payroll Register records? what?

a)what wages will be taxed

b)actual tax

c)estimated tax

d)all of these

e)None of these

Taxable earnings which are earnings that will be taxed.

Taxable income is generally described as gross income or adjusted gross income minus any deductions or exemptions allowed in that tax year.

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omotayoadekoya1 omotayoadekoya1 · Answer 2 · 2020-01-17T08:33:40-05:00

omotayoadekoya1 omotayoadekoya1

17-01-2020

Answer:

a)what wages will be taxed

Explanation:

The taxable earning is the total amount of the earnings that are subject to tax.

It forms the appropriate base on which the tax percentage is applied.

The actual tax is a percentage of the taxable earning.

The taxable earning column therefore records the wage to be taxed.

As such the right option is a)what wages will be taxed.

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Taxable Earnings column on the payroll Register records? what?a)what wages will be taxedb)actual taxc)estimated taxd)all of thesee)None of these

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Related Questions

Taxable Earnings column on the payroll Register records? what?

a)what wages will be taxed

b)actual tax

c)estimated tax

d)all of these

e)None of these