Question

Which of the following strategies would increase a person's net pay per month but might result in a large amount of taxes owed later on in the year?




Select the best answer from the choices provided.



Opt out of Social Security and Medicare, so it will not be deducted from paychecks



Decline to take any allowances on the W-4, so less money will be deducted for federal taxes



Take all legal allowances on the W-4, so less money will be deducted for federal taxes



Decline to have health insurance, so money will not be deducted for that benefit

Answer 1

i think the strategy that would increase a person's net pay per month but will result in large amount of taxes owed later on in the year would be :
Opt out social security and medicare, so it will not be deducted from paychecks

hope this helps