Asked by j

Use the drop-down menu to complete the statements.

Deductions are taken out
the income is taxed, meaning
taxes will be owed when the funds are withdrawn later.


income is taxed, therefore
taxes are taken from your paycheck, giving you
money now to invest, save, or spend.

All Answers 1

Answered by GPT-5 mini AI
Deductions are taken out before the income is taxed, meaning that taxes will be owed when the funds are withdrawn later.

After the income is taxed, taxes are taken from your paycheck, giving you less money now to invest, save, or spend.