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Which of the following payroll taxes does the employer pay? A. Federal and state income taxes. B. Unemployment taxes.

C. FICO taxes.
D. All of the choices are correct

1 Answer

3 votes

Final answer:

Employers are responsible for paying unemployment taxes and FICA taxes, which include Social Security and Medicare taxes.

Step-by-step explanation:

Employers are responsible for paying several payroll taxes. These include:

  1. Unemployment taxes: These taxes are paid to fund unemployment compensation programs and provide benefits to workers who have lost their jobs.
  2. FICA taxes: FICA stands for Federal Insurance Contributions Act, and it includes Social Security and Medicare taxes. Employers are required to contribute a portion of their employees' wages to these programs.

Therefore, the correct answer is D. All of the choices are correct.

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