Answered: The Request for Taxpayer Identification…

The Request for Taxpayer Identification Number and Certification is also known as Form _____. Answer: A. W-9 B. W-4 C. W-2 D. I-9

Income Tax Fundamentals 2020

38th Edition

ISBN:9780357391129

Author:WHITTENBURG

Publisher:WHITTENBURG

Chapter12: Tax Administration And Tax Planning

Section: Chapter Questions

Problem 20MCQ: If the IRS owes a taxpayer a refund, the law generally provides that the IRS must pay interest on...

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Question

1. The Request for Taxpayer Identification Number and Certification is also known as Form _____.

Answer:

W-9

W-4

W-2

I-9

2. When the 4th quarter FUTA tax is NOT at least _____, the payment may be mailed at year-end with Form 940.

Answer:

$100

$500

$1,000

$5,000

3. The full self-employment tax rate applied to the first $142,800 of earnings is _____.

Answer:

2.9%

6.2%

12.4%

15.3%

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