Which of the Following is Not a Possible Tax or Deduction That Could Come Out of Your Paycheck?
Which of the Following is Not a Possible Tax or Deduction That Could Come Out of Your Paycheck? The correct answer is Overtime Pay
by J Nandhini
Published Nov 01, 2023 | Updated Nov 01, 2023 | 📖 1 min read
Which of the Following is Not a Possible Tax or Deduction That Could Come Out of Your Paycheck?
A) FICA
B) Overtime pay
C) Federal income tax
The correct answer is B) Overtime Pay
What is Overtime pay?
Overtime pay refers to the additional compensation that employees receive for working more than their regular hours. This extra pay rate is usually higher than the standard hourly or salaried rate, as a way to incentivize and compensate employees for the extra time and effort they put in beyond their regular work schedule.