Question 20: Identify the incorrect statement regarding EFTPS.Answer:А.O It's a free, online service for remitting federal tax payments.В.O Payments can be made via phone, Internet, or wire transfer.С.When using the EFTPS, payments are due by 11:59 p.m. on the tax due date.D.O Requirements for use include enrollment and setting up a unique PIN. Question 8: On what line of Form 940 is the total from Schedule A entered?Answer:А.8 (FUTA tax before adjustments)В.11 (If credit reduction applies)С.12 (Total FUTA tax after adjustments)D.O 13 (FUTA tax deposited for the year)

Answer 20:- Option C is incorrect. Explanation:- When the payment is done using this system must be…

Question 20: Identify the incorrect statement regarding EFTPS. Answer: А. It's a free, online service for remitting federal tax payments. В. Payments can be made via phone, Internet, or wire transfer. C. When using the EFTPS, payments are due by 11:59 p.m. on the tax due date. D. Requirements for use include enrollment and setting up a unique PIN.

Question 20: Identify the incorrect statement regarding EFTPS. Answer: А. It's a free, online service for remitting federal tax payments. В. Payments can be made via phone, Internet, or wire transfer. C. When using the EFTPS, payments are due by 11:59 p.m. on the tax due date. D. Requirements for use include enrollment and setting up a unique PIN.

SWFT Comprehensive Volume 2019

42nd Edition

ISBN:9780357233306

Author:Maloney

Publisher:Maloney

Chapter27: The Federal Gift And Estate Taxes

Section: Chapter Questions

Problem 5RP

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