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Answer Posted / kanika
Fixed compensation for services, paid to a person on a
regular basis.
Regular wages received by an employee from an employer on a
weekly, biweekly, or monthly basis. Many salaries also
include such employee benefits as health and life
insurance, savings plans, and Social Security. Salary
income is taxable by the federal, state, and local
government, where applicable, through payroll withholding.
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