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Unit 2 Assignment: Paycheck
Financial Literacy / Course Content / Unit 2: Earning Money
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12.
What is a common abbreviation for state tax paid?
A.
St Tax
B.
401K
C.
FICA
D.
Local Tax
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A. St Tax
"St Tax" is the common abbreviation for state tax paid. (401K is a retirement plan, FICA is federal payroll tax, Local Tax refers to local taxes.)
"St Tax" is the common abbreviation for state tax paid. (401K is a retirement plan, FICA is federal payroll tax, Local Tax refers to local taxes.)
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