Join IDNLearn.com and start getting the answers you've been searching for. Get accurate and timely answers to your queries from our extensive network of experienced professionals.
A company contributes $350.00 each month to a qualified §125 plan for medical insurance. In addition, $100.00 is contributed to a dependent care flexible spending account. How are these amounts taxed? $450.00 is subject only to social security and Medicare taxation. $450.00 is not taxable income. Only $100.00 is fully taxable. Only $350.00 is fully taxable.
Sagot :
We appreciate your participation in this forum. Keep exploring, asking questions, and sharing your insights with the community. Together, we can find the best solutions. Thank you for trusting IDNLearn.com with your questions. Visit us again for clear, concise, and accurate answers.