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Question 9: Form W3 is sent to the Answer: A. 0 employee B. 0 IRS C. O Department of the Treasury D. 0 Social Security

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Question 9: Form W3 is sent to the Answer: A. 0 employee B. 0 IRS C. O Department of the Treasury D. 0 Social Security Administration Question 10: Match each form's number to its name. Form W-2 Transmittal of Wage and Tax Statements DROP HERE Form W-3 Employer's Quarterly Federal Tax Return DROP HERE Form 940 Wage and Tax Statement DROP HERE Form 941 Employer's Annual Federal Unemployment Tax Return DROP HEREQuestion 11: Form 941 is due by the last day of the first month after each quarter has ended. Answer: A. True B. FalseQuestion 12: When is an employer NOT required to le a quarterly Form 941? Answer: A. When annual tax liability for federal income, Social Security, and Medicare tax is less than $1,000 B. When annual tax liability for federal income, Social Security, and Medicare tax is less than $1,500 C. When annual tax liability for federal income, Social Security, and Medicare tax is less than $2,500 D. When annual tax liability for federal income, Social Security, and Medicare tax is less than $100,000 Question 13: For an employer to qualify as a semiweekly depositor, its combined taxes during the lookback period must exceed what amount? Answer: A. $50,000 B. $75,000 C. $100,000 D. $127,200Question 14: If the total accumulated tax owed by an employer exceeds $100,000 at the end of any day, the is triggered. Answer: A. 0 Electronic Federal Tax Payment System B. O lookback period C. 0 monthly depositor status D. O next-day deposit rule Question 15: What is the annual federal tax threshold above which an employer is deemed to be a semiweekly depositor? Answer: A. $500 B. $7,000 C. $50,000 D. $142,800

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