5. The total amount of FICA taxes due must be deposited in a. the business's bank account b. with the state social security office c. with the IRS d. an authorized depository 6. Employers determine the amount of withholdings based on the employee's designation of allowances, the number of pay periods, the amount of pay per this pay period, and a. W-2 b. W-3 c. Form 941 d. Circular E 7. Payroll tax expense is debited to record a. the employee's FIT b. the employee's portion of FICA c. the employer's portion of FICA d. the employee's FUTA 8. Employers determine the amount of Federal Income Tax withholdings based on the number of allowances an employee has indicated on form: a. W-2 b. W-3 c. W-4 d. Circular E 9. The Employer's Annual Federal Unemployment Tax Return is called a. Form W-2 b. Form W-3 c. Form W-4 d. Form 940 10 Generally, employers are required to withhold a portion of an employee's wages for all except: a. Federal Unemployment tax b. FICA c. Federal Income Tax d. State Income Tax 11 Employers record each employee's gross earnings, employee withholding taxes, net pay, and taxable earnings in a. the payroll register b. the payroll tax return c. the social security return d. the federal income tax return 12. Employers pay which of the following tax(es)? a. FUTA (employer and employee portions) b. SUTA (employer and employee portions) c. Medical Insurance Tax d. FICA (Employer portion)