Question 3: When is an employer NOT required to file a quarterly Form 941? Answer: A. When annual tax liability for federal income, Social Security, and Medicare tax is less than $1,000 В. O 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 3: When is an employer NOT required to file a quarterly Form 941? Answer: A. When annual tax liability for federal income, Social Security, and Medicare tax is less than $1,000 В. O 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
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:Question 3: When is an employer NOT required to file a quarterly Form 941?
Answer:
А.
O When annual tax liability for federal income, Social Security, and Medicare tax is less than $1,000
В.
O When annual tax liability for federal income, Social Security, and Medicare tax is less than $1,500
С.
O 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

Transcribed Image Text:Question 6: Form 941 shares the same due date as
Answer:
А.
Form 940
В.
FUTA payments
С.
Form W-2
D.
SUTA payments
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