6. Ranjan submits a 2022 W-4 claiming married filing jointly with no other adjustments and...
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6. Ranjan submits a 2022 W-4 claiming married filing jointly with no other adjustments and an additional $300 per pay period be withheld. His employer should:
advise Ranjan that if he wants more withheld, he should complete Steps 2 or 4 rather than stipulate a specific amount
accept the W-4 as submitted
send the W-4 to the IRS
reject the W-4 and use single or married filing separately with no other adjustments until he submits a correct W-4
10. Which of the following should be withheld from an employees paycheck in the year that a bonus is paid?
Both FIT and FICA
FIT, FICA and FUTA
FIT only
FICA only
11. HapCo opened for business on June 6, 2022. As of June 30, 2022, it has accumulated 941 liabilities of $60,000, which it deposits on July 15, 2022
HapCo will be a semiweekly depositor in 2023
HapCos deposit is late
HapCo can make monthly or semiweekly deposit
HapCo will remain a monthly depositor until June 2023
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