Which of the following is NOT typically a component of deductions from a paycheck?

Deductions from a paycheck typically include amounts that are withheld from an employee's earnings to cover various obligations and benefits. Common components of these deductions are taxes and employee benefits.

State income tax, health insurance premiums, and social security tax are all standard deductions. State income tax is withheld based on the employee's earnings and the state's taxation regulations, while health insurance premiums are deducted to cover the cost of the employee's medical insurance. Social security tax is a federal deduction that contributes to the Social Security program, which provides benefits for retirees, the disabled, and survivors.

In contrast, company profits are not a deduction from an employee's paycheck. Instead, they represent revenue retained by the company after all expenses and taxes have been deducted from its total income. Therefore, identifying company profits as not being a component of paycheck deductions is correct, as they do not directly reduce an employee's take-home pay and are unrelated to the withholdings made for taxes or employee benefits.