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4 Cards in this Set
- Front
- Back
13. Employees have the option on their form W-4 to have a flat dollar amount of tax withheld from their pay
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False
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14. Pension recipients may claim a certain number of withholdings allowances on Form W-4P to be used in calculating the amount to withhold.
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True
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15. When determining theamount of federal income tax to withhold using the percentage method, the employers may round off the withholding amount to the nearest dollar
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True
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16. When using the wage-bracket method of withholding, if the wage payments are above the maximum table amount, the employer has the option to use the optional flat rate.
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False. The percentage method must be used
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