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Q1) Joe began working for his friend at ABC Company on July 15 of the current year. Given the casual nature of their friendship, Joe

Q1) Joe began working for his friend at ABC Company on July 15 of the current year. Given the casual nature of their friendship, Joe forgets to submit his Form W-4 before his first payday, and his supervisor does not request it. Joes supervisor has known Joe and his wife for years, and intends to mention the W-4 when he sees them for dinner next Friday night. At what rate must federal income tax (FITW) be withheld from Joe for that first paycheck?

No withholding is allowed until the W-4 is completed

Married filing jointly with adjustments

Married filing separately with adjustments

Married filing separately with no adjustments

Married filing jointly with no adjustments

Q2) HapCo opened for business on June 6, 2020. As of June 30, 2021, it had accumulated 941 liabilities of $60,000. As a result,

(A) HapCo triggered the one-business day rule

(B) HapCo will remain a monthly depositor in 2022

(C) HapCo will become a semiweekly depositor for 2022

Both (A) and (C) are correct

Both (A) and (B) are correct

Q3) Total undeposited 941 tax for the month of February is $3,000. Assuming the employer is a monthly depositor, this deposit must be made no later than:

February 28

March 31

April 15

March 15

Q4) Sarah's 2021 year-to-date FICA taxable wages are $205,000. On December 28, 2021, she receives a $10,000 bonus. How much FICA tax should be withheld on the bonus?

$145.00

$855.00

$0

$620.00

$235.00

$765.00

Q5) Marvel's accumulated deposit liability for the lookback period was $160,000. As a result, Marvel must deposit its 941 taxes under which of the following schedules?

one-banking day

monthly

semiweekly

quarterly

Please answer all of these don't say that it is chegg's policy to only answer first question, if you can not answer all of these spare for other instructor who can answer all of these questions. I don't have any questions remaining and my time is running. Please thanks you!

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