Question 18: Match each FUTA tax payment to its due date. 1st Quarter (Jan-Mar) October 31 DROP HERE 2nd Quarter (Apr-Jun) April 30 DROP HERE 3rd Quarter (Jul-Sept) January 31 DROP HERE 4th Quarter (Oct-Dec) July 31 DROP HERE
Question 18: Match each FUTA tax payment to its due date. 1st Quarter (Jan-Mar) October 31 DROP HERE 2nd Quarter (Apr-Jun) April 30 DROP HERE 3rd Quarter (Jul-Sept) January 31 DROP HERE 4th Quarter (Oct-Dec) July 31 DROP HERE
Chapter3: Social Security Taxes
Section: Chapter Questions
Problem 1MQ: _____1. Employees FICA tax rates A. Severance pay _____2. Form SS-4 B. By the 15th day of the...
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Transcribed Image Text:Question 18: Match each FUTA tax payment to its due date.
1st Quarter (Jan-Mar)
October 31
DROP HERE
2nd Quarter (Apr-Jun)
April 30
DROP HERE
3rd Quarter (Jul-Sept)
January 31
DROP HERE
4th Quarter (Oct-Dec)
July 31
DROP HERE
Question 21: Which state does NOT require employers to carry disability insurance for their employees?
Answer:
A.
O New York
В.
O California
C.
O Mississippi
D.
O Hawaii
Question 22: Match each form's number to its name.
Form W-2
Employer's Quarterly Federal Tax Return
DROP HERE
Form W-3
Wage and Tax Statement
DROP HERE
Form 940
Transmittal of Wage and Tax Statements
DROP HERE
Form 941
Employer's Annual Federal Unemployment Tax Return
DROP HERE
Question 25: Which statement regarding Form W-2 is accurate?
Answer:
A.
O Form W-2 contains earnings information for multiple employees.
В.
O Form W-2 must be signed by the employer to be valid.
C.
O Form W-2 is submitted to the Social Security Administration and provided to each employee.
D.
O Form W-2 includes federal tax information and excludes state tax information.
Question 29: Anna is a newly hired employee of Cowboy Inc. Which statement regarding her employment is accurate?
Answer:
A.
O Anna can complete either version of Form W-4, and her employer must use the percentage method to calculate her federal withholding tax.
O Anna must complete the current Form W-4, and her employer will use either the percentage or the wage-bracket method to calculate her federal
withholding tax.
В.
C.
O Anna can complete either version of Form W-4, and her employer must use the wage-bracket method to calculate her federal withholding tax.
D.
O Anna must complete a pre-2020 Form W-4, and her employer will use either the percentage or the wage-bracket method to calculate her federal
withholding tax.
Question 30: Match each form to its purpose.
SS-4
Used to obtain a Social Security number
DROP HERE
W-4
Provides information to calculate income tax withholding
DROP HERE
SS-5
Used to obtain an Employer Identification Number
DROP HERE
1-9
Verifies employment eligibility
DROP HERE
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