Election workers paid less than what calendar year amount are exempt from Social Security withholdings?

Prepare for the MCTA Treasurer Exam with our study resources. Utilize flashcards and multiple choice questions, each with hints and explanations. Excel in your MCTA Treasurer Exam!

Multiple Choice

Election workers paid less than what calendar year amount are exempt from Social Security withholdings?

The key idea is an annual threshold used to determine if Social Security (FICA) withholding is required for election workers. If a worker’s total pay in a calendar year is below a set amount, those earnings are exempt from Social Security withholding. That annual amount is $1,100. So, wages earned by an election worker in the year under $1,100 would be exempt from Social Security withholdings; once earnings reach $1,100 or more, withholding applies. The other figures listed are not the threshold for this exemption.

The key idea is an annual threshold used to determine if Social Security (FICA) withholding is required for election workers. If a worker’s total pay in a calendar year is below a set amount, those earnings are exempt from Social Security withholding. That annual amount is $1,100. So, wages earned by an election worker in the year under $1,100 would be exempt from Social Security withholdings; once earnings reach $1,100 or more, withholding applies. The other figures listed are not the threshold for this exemption.

More practice questions