Question

Which of the following are paid by the employer only?

- FICA taxes
- FUTA taxes
- SUTA taxes
- None of the Above
- Both B & C

Answer 1

FUTA and SUTA taxes are paid by the employer only.

Step-by-step explanation:

The employer pays for FUTA taxes and SUTA taxes. FUTA taxes, or the Federal Unemployment Tax Act, are paid by employers to fund unemployment benefits for workers who have lost their jobs. SUTA taxes, or State Unemployment Tax Act, are paid by employers to fund state unemployment benefits.