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10. Karen is single with no dependents & earns $18,000 a year. She gives her employer a Form W-4 on which she claims 17 allowances.
10. Karen is single with no dependents & earns $18,000 a year. She gives her employer a Form W-4 on which she claims 17 allowances. The employer is not required to take any action unless the IRS sends a notice in writing requesting a copy of the W-4. (Points : 1) |
True False
13. The purpose of backup withholding is to ensure income tax is paid on income reported on Form 1099. it only applies in specific situations such as when the taxpayer fails to provide the payor with the correct taxpayer id number. (Points : 1) |
True False
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