An employer's social security and withheld income taxes for the quarter are less than $2,500.The employer must deposit the taxes at its bank at the time of filing the fourth quarter Form 941.
Correct Answer:
Verified
Q21: Form 941 is used by employers to
Q23: The Social Security Act requires workers to
Q24: If an employee, who works two or
Q32: Businesses with $2,500 or less in quarterly
Q33: Nonagricultural employers who withhold income taxes and
Q35: A monthly depositor is one who reported
Q45: Which of the following statements does not
Q46: Form 941 is due on or before
Q52: The FICA tax rates for the self-employed
Q53: The taxes imposed under the Social Security
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents