What is a difference between payroll and income taxes?

a. Payroll taxes are itemized deductions from an individual's paycheck, while income taxes are based on an individual's salary.

b. Payroll taxes are taken out of an individual's salary once a year, while income taxes are paid by workers every time they get paid.

c. Payroll taxes are based on an individual's salary, while income taxes are itemized deductions from an individual's paycheck.

d. Payroll taxes are paid by individuals who have a job, while income taxes are partially funded by employers and employees.

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Eden Banks

17 June, 22:39

What is a difference between payroll and income taxes?

a. Payroll taxes are itemized deductions from an individual's paycheck, while income taxes are based on an individual's salary.

b. Payroll taxes are taken out of an individual's salary once a year, while income taxes are paid by workers every time they get paid.

c. Payroll taxes are based on an individual's salary, while income taxes are itemized deductions from an individual's paycheck.

d. Payroll taxes are paid by individuals who have a job, while income taxes are partially funded by employers and employees.

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Monica Meyers · Answer 1

In my view the main difference between payroll and income taxes is a. Payroll taxes are itemized deductions from an individual’s paycheck, while income taxes are based on an individual’s salary. But I could be wrong as I'm confused by statements given above and can't choose the one that is the only right.