Save the Sea Lions Ltd posted their 2018 W-2s for their 16 employees to their secure Web site on January 28, 2019. The W-2s totaled $562,931.64, and (due to a software error) the names and Social Security numbers did not match. How much of a late filing penalty will they be liable for? a.$0 b.$1,600 c.$4,320 d.$800

PAYROLL ACCT.,2019 ED.(LL)-TEXT
19th Edition
ISBN:9781337619783
Author:BIEG
Publisher:BIEG
Chapter3: Social Security Taxes
Section: Chapter Questions
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Save the Sea Lions Ltd posted their 2018 W-2s for their 16 employees to their secure Web site on January 28, 2019. The W-2s totaled $562,931.64, and (due to a software error) the names and Social Security numbers did not match. How much of a late filing penalty will they be liable for?
a.$0
b.$1,600
c.$4,320
d.$800
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