Question 4: Schedule A (Form 940) is used in each of the following circumstances except when: Answer: A. The employer pays SUTA tax in two states. В. The employer does not pay FUTA tax until the 4th quarter of the year. C. The employer pays SUTA tax in four states. D. The employer operates in a credit-reduction state.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Question 4: Schedule A (Form 940) is used in each of the following circumstances except when:
Answer:
A.
The employer pays SUTA tax in two states.
В.
The employer does not pay FUTA tax until the 4th quarter of the year.
С.
The employer pays SUTA tax in four states.
D.
The employer operates in a credit-reduction state.
Transcribed Image Text:Question 4: Schedule A (Form 940) is used in each of the following circumstances except when: Answer: A. The employer pays SUTA tax in two states. В. The employer does not pay FUTA tax until the 4th quarter of the year. С. The employer pays SUTA tax in four states. D. The employer operates in a credit-reduction state.
Question 3: Which of the following items is not reported on the W-2 Form?
Answer:
A.
Dependent care benefits
Union dues
C.
Hours worked
D.
State income tax withheld
B.
Transcribed Image Text:Question 3: Which of the following items is not reported on the W-2 Form? Answer: A. Dependent care benefits Union dues C. Hours worked D. State income tax withheld B.
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