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4 Cards in this Set
- Front
- Back
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13. Government employers that withhold federal income tax and only the Medicare portion of FICA taxes must report these taxes on Form 941.
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True
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14. If an employer sells or transfers its business, a separate Form 941 must be filed by both the previous and current owners for the quarter in which the sale took place.
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True
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15. If a monthly depositor has a total tax liability for a quarter of less than $2,500, the employer must pay it with Form 941.
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False (option to deposit or pay with 941)
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16. Copy A of all paper W-2 Forms and Form W-3 must be filed with the SSA by the last day of February of the year following the calendar year for which wages are reported.
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True
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