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Which of the following could be deductions from wages or salary?

state taxes

overtime pay

federal taxes

benefits

payments for investments

Verified Answer :

CLMorris

I think the answers are state taxes, federal taxes, payments for investments, and benefits. Sorry if I'm wrong

Answer:

Step-by-step explanation:

State taxes is the tax to be paid to the State Government.  This amount will be deducted from wages or salaries and paid within a certain days to the Govt.

Overtime pay is not at all a deduction but an addition to the pay for extra hours worked due to pressure of work or any other reason.

Federal taxes are taxes to be paid hence deductions from salaries

Benefits are priveleges given in terms of money and hence will be added to salaries.

Payments for investments are the amount employee wants to set aside for future use like Provident fund, etc.  This is also deduction.

Hence the deductions are

i) State taxes

ii) Federal taxes

iii) Payments for investments

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