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8 Cards in this Set

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  • Back
9. (T/F question)
Before receiving advance EIC payments, an employee must file Form W-5 with his or her employer.
9. (T/F)
True
10. (T/F question)
Advance EIC payments are not wages and do not change the amount of federal income, social security, and Medicare taxes that must be withheld from the employee's wages.
10. (T/F)
True
11. (T/F question)
An employee's social security number is needed even if there is no withholding.
11. (T/F)
True
12. (T/F question)
If a new employee does not provide a Form W-4, the employer must withhold as if the employee were single with no allowance.
12. (T/F)
True
9. (Multiple Choice Q)
Which of the following states allows employers to use the federal Form W-4 to calculate state income tax withholding?

a. Arizona
b. California
c. Michigan
d. North Carolina
9. (Multiple Choice)
b. California
10. (Multiple Choice Q)
An employee claims single and one withholding allowance and is paid $550 every Friday in 2010. Using the wage-bracket tables, how much federal income tax must be withheld?

a. $23
b. $51
c. $53
d. $41
10. (Multiple Choice)
b. $51
11. ((Multiple Choice Q)
What must an employer do after learning that a Form W-4 submitted by a current employee is invalid?

a. Not implement the Form W-4
b. Withhold as if the employee were single with zero allowances
c. Inform theIRS
d. Make the necessary corrections
11. (Multiple Choice)
a. Not implement the Form W-4
12. (Multiple Choice Q)
A newly hired employee who is married with two children fails to complete Form W-4 by his first payday. What withholding status does the employer use when calculating the employee's withholding?

a. Married, with 2 allowances
b. Married, with 3 allowances
c. Single, with 2 allowances
d. Single, with 0 allowances
12. (Multiple Choice)
d. Single, with 0 allowances