Which of the following refunds some or all of the Social Security and income taxes the working poor pay?Earned Income Tax CreditSupplemental Nutrition Assistance Program (SNAP)Medicaidwelfare payments

Respuesta :

The only taxes that can be refunded are those that were incorrectly withheld from Social Security and Medicare. As a result, you won't be eligible for benefits and cannot get a refund.

What does Medicare tax mean?

All workers, employers, and independent contractors are required to pay the Medicare tax, which is a percentage of gross wages, in order to support Medicare. The correct amount of Medicare tax and Social Security tax must be deducted from each paycheck in line with the Federal Insurance Contributions Act (FICA), and the money must be promptly forwarded to the government. Significant fines may be imposed for failure to comply.

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