Mastering Payroll Final Examination with 100% correct answers
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Course
Mastering Payroll F
Institution
Mastering Payroll F
As of December 1, 2022 Joe's year-to-date wages are $145,700. On December 2, 2022, he is due wages of $2,00. How much FICA tax should the employer withhold from this payment? correct answers? 109.60
How many days after a full-time employee starts to work does an employer have to complete the I-9...
As of December 1, 2022 Joe's year-to-date wages are $145,700. On December 2, 2022, he is due wages
of $2,00. How much FICA tax should the employer withhold from this payment? correct answers? 109.60
How many days after a full-time employee starts to work does an employer have to complete the I-9?
correct answers3
Which form does an employee need to submit to obtain a Social Security card? correct answersSS-5
An employee works 48 hours in the workweek and is paid $9.00 per hour. How much premium pay is due
this employee under federal law? correct answers36.00
Which form does an employer use to obtain an Employer Identification Number for depositing
employment taxes? correct answersSS-4
If, on April 15, 2022, a state's minimum wage is $6.95 per hour, what is the minimum rate that interstate
employers in that state must pay employees? correct answers$7.25
For 2022, at what rate must federal income tax be withheld for an employee who has not properly
completed a W-$ correct answerssingle or married filing separately with no adjustments
FUTA tax must be deposited when the cumulative quarterly tax liability exceeds: correct answers500.00
Employers can file the employment tax return annually (Form 944) if they anticipate their federal
employment tax liability will not exceed: correct answers$1,000
Carla earns $146,400 from January through November 2022, before resigning to work for a new
employer who pays her $3,000 for December 2022. How much FICA would be withheld on the $3,000?
correct answers$229.50
, On August 5, 2022 Chen is paid a weekly gross of $300 for a 38-hour workweek. If he works 39 hours in
week 1 and 38 hours in week 2, how much pay is he due for the two weeks? correct answers$600
State unemployment returns are generally filed: correct answersquarterly
Form 1099 informational statements must be furnished to recipients no later than: correct
answersJanuary 31
In general, how often employees are paid and the method of payment are regulated by: correct
answersstate laws
Francesca is paid $1,000 semimonthly. If she works a 40-hour week, what is her hourly rate under federal
law? correct answers$11.54
Charlie is paid biweekly at a rate of $7.60 per hour. If he works 35 hours in week 1 and 45 hours in week
2, how much should his gross wages be on his next paycheck? correct answers$627.00
In 2021, Aretha receives a salary advance against 2022 wages. Which year's wage base is used to
calculate Social Security tax on the advance? correct answers2022
Lawrence received a salary advance of $50 on September 1. He plans to repay this advance from his
gross wages of $450 to be paid on September 15. What is his taxable income for the September 15
paycheck? correct answers$400
Gail works 32 hours Monday through Thursday. On Friday, she is out with the flu and receives 8 hours'
sick pay under her employer's policy. She returns to work for 4 hours on Saturday. If she earns $8.00 per
hour and the federal minimum requirements for overtime pay apply, how much pay will she receive?
correct answers$352.00
Juan works on a holiday for which he receives 8 hours' regular pay and 8 hours' holiday pay. During the
rest of the workweek he works 32 hours. If his normal pay rate is $8.00 per hour, how much pay must he
receive under federal law? correct answers$384.00
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