Which of the following is the result of the difference between what you earn in wages and what you take home?

A. Health insurance
B. Sick pay
C. Taxes
D. Withholdings

Question

Which of the following is the result of the difference between what you earn in wages and what you take home?


 A. Health insurance 
 B. Sick pay 
 C. Taxes 
 D. Withholdings

chris911 · Answer

@iPwnBunnies

anonymous · Answer

c I think

anonymous · Answer

what you earn is gross wages.....
what you take home is net wages...
the difference is takes...

chris911 · Answer

@arsenkasparian takes or taxes lol

chris911 · Answer

I wanna say taxes but idk it could be withholdings

chris911 · Answer

@iPwnBunnies wats ur idea?

anonymous · Answer

yeah im only in 6th grade but my mom talks about this a lot so sorry if im wrong but taxes sounds right

chris911 · Answer

its cool

ipwnbunnies · Answer

I would say taxes. Taxes covers alot of areas, like Social Security, Medicare, etc.

anonymous · Answer

yes!!

chris911 · Answer

yo thanks @fluffybuns  and @iPwnBunnies

anonymous · Answer

withholding are what you tell the company to hold onto in case your tax liabi;ity is greater than what they are collecting in taxes.