Match each of the following terms, a through e, with the appropriate definitions 1 to 5. a.
Question:
Match each of the following terms, a through e, with the appropriate definitions 1 to 5.
a. Form 940
b. Form W-2
c. FUTA Taxes
d. FICA Taxes
e. Form 941
1. Payroll taxes on employers that are assessed by the federal government to the support the federal unemployment insurance program.
2. A form that reports an employer’s federal tax withholdings for the quarter.
3. A form that reports an employer's FUTA tax for the year.
4. Taxes assessed on both the employer and the employee under FICA.
5. A statement that reports an individual employee’s total earnings and deductions for the year.
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Related Book For
College Accounting A Practical Approach Chapters 1-25
ISBN: 9780137504282
15th Edition
Authors: Jeffrey Slater, Mike Deschamps
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