Payroll Accounting Ch. 4

Q13: In the tax tables that an employer uses when an employee has a Form W-4 on file from 2019 or earlier:

a.There is no differentiation between tables for married and tables for unmarried persons.

b.There is a differentiation between tables for married and tables for unmarried persons.

c.There are specific differences between special allowances claimed and personal allowances claimed.:

d.There are tables for employees that plan on itemizing deductions and tables for employees that plan on taking the standardized deduction.

Q15: If an employee experiences a decrease in the number of allowances that he is eligible to claim, he:

a.must file an amended W-4.

b.can decide whether he wishes to amend his W-4 or not.

c.must immediately send the IRS a new W-4.

d.must furnish a new certificate on the first payroll period ending on or after the 30th day that he finds out about the decrease in withholding allowances.

Q16: If an employee has a Form W-4 from 2019 or earlier on file with their employer:

a.It is appropriate to claim the same withholding allowance(s) with more than employer at the same time.

b.The situation is exactly the same from a tax withholding perspective as if the employee had a 2020 W-4 on file.

c.He/she must update it to a 2020 W-4 immediately.

d.A personal allowance is appropriate for the employee and for each qualified dependent (provided they are not claimed on another person's tax return).

Q19: The percentage of withholding tables is utilized to determine federal income tax withholding based on how many different rates?

a.seven

b.two

c.six

d.eight

Q20: Employer-provided parking is exempt from FIT withholding if:

a.it is $270 or less per month.

b.it is a benefit included in a cafeteria plan only.

c.it is $3600 or less per year.

d.the employee utilizes a car-share program to commute.