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The penalty for each failure to provide certain specified information, like social security numbers, is? $50 with an annual maximum of S100,000 530 with an
The penalty for each failure to provide certain specified information, like social security numbers, is? $50 with an annual maximum of S100,000 530 with an annual maximum of $250,000 $100 with an annual maximum of $100,000 $60 with an annual maximum of $500,000 Which of the following statements is correct with respect to the penalty associated with the failure to report an accurate information return that is corrected within 30 days of the due date? $50 per return with a yearly maximum of $50,000 for businesses other than small businesses $100 per return with a yearly maximum of $1,064,000 for businesses other than small businesses $260 per return with a yearly maximum of $3,193,000 for businesses other than small businesses $50 per return with a yearly maximum of $532.000 for businesses other than small businesses For statutory employees, an employer withholds? Income taves but not FICA taxes FICA taxes but not income taxes Social security taxes, but not income taxes or Medicare (HI) taxes Medicare taxes, but not income taxes or social security taxes None of the above At what amount of employer tax accumulations does the one-day deposit rule apply? 350,000 or more $75,000 or more S100,000 or more $150,000 or more A single taxpayer with AGI of S180,000 in 2016 makes estimated tax payments in 2017. The taxpayer can avoid an underpayment penalty by paying? At least 90% ofthe 2017 tax liability in four equal quarterly payments. At least 100% of the 2016 tax liability in four equal quarterly payments. Both a. and b Either a. or b
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