true or false

WRITE IN THE SPACE PROVIDED "T" FOR A TRUE ANSWER OR "F" FOR A FALSE ANSWER. Different tax rates but the same wage base limits apply for Social -Form 941 is used by employers to report their quarterly return of 3. Employers must withhold FICA taxes on payments that are made to 1. Security and Medicare taxes. 2. FICA taxes and withheld income taxes. independent contractors. 4. The FICA tax rates and taxable wage bases are exactly the same for employees and employers when the employee makes $200,000 or less. Under FICA, employers must collect the employee's FICA taxes on tips reported by each employee 5. If the last day for filing Form 941 falls on Saturday, the return may be filed on the next business day 6. If on any day during a deposit period an employer has accumulated $100,000 or more in undeposited employment taxes, the taxes must be deposited on the next banking day. 7. Employers cannot send Forms W-2 to employees electronically. 8. 9. Noncash fringe benefits that are provided employees are treated as non-taxable income and thus are excluded from federal income tax withholding. Form W-3 is filed with the Social Security Administration when transmitting information returns on Forms W-2. 10 11. Under the federal income tax withholding law, a definition of employee excludes partners. 12. The amount of federal income tax withholding depends o employee's gross wages, pay period, marital status, and withholding allowances. 13. Of the two main methods of withholding, only the wage-bracket method distinguishes unmarried persons from married persons. by increasing the number of withholding allowances claimed. following the close of the calendar year. Gere became the father of triplets on June 20, He must file an 14. A person holding two jobs may have additional income tax withheld 15. Employees must be given Form W-2 on or before January 31 16. amended Form W-4 on or before June 30