Payroll Exam Review Questions with Verified
Correct Answers
$109.60
As of December 1, 2020 Joe's year to date wages are $136,400. On December 4, 2020, he is
due $2000. How much FICA tax should the employer withhold from this payment?
3
How many days after a full time employee starts to work does an employer have to complete
the I-9?
SS-5
Which form does the employee need to submit to obtain a Social Security Card?
$36
An employee works 48 hours in a work week and is paid $9.00 per hour. How much
premium pay is due this employee under federal law?
SS-4
Which form does an employer use to obtain an Employer Identification Number for
depositing employment taxes?
$7.25
If, on April 15, 2020, a state's minimum wage is $6.95 per hour, what is the minimum rate
that employers in that state must pay employees?
Single or married filing seprately with no adjustments
, At what rate must federal income tax be withheld for an employee who has not properly
completed a W-4?
$500
FUTA tax must be deposited as soon as the quarterly tax liability exceeds:
$1000
Employers can file the employment tax return annually (Form 944) if they anticipate their
federal employment tax liability will not exceed:
$229.50
Carla earns $137,100 from January through November 2020, before resigning to work for a
new employer who pays her $3000 for December 2020. How much FICA would be withheld
on the $3000.
$600
On August 3, 2020 Chen is paid a weekly gross of $300 for a 38-hour work week. If he
works 39 hours in week 1 and 38 hours in week 2, how much pay is he due for the weeks?
Quarterly
State unemployment returns are filed:
January 31st
Form 1099 informational statements must be furnished to recipients no later than:
State Laws
In general, how often employees are paid and the method of payment are regulated by:
$11.54
Correct Answers
$109.60
As of December 1, 2020 Joe's year to date wages are $136,400. On December 4, 2020, he is
due $2000. How much FICA tax should the employer withhold from this payment?
3
How many days after a full time employee starts to work does an employer have to complete
the I-9?
SS-5
Which form does the employee need to submit to obtain a Social Security Card?
$36
An employee works 48 hours in a work week and is paid $9.00 per hour. How much
premium pay is due this employee under federal law?
SS-4
Which form does an employer use to obtain an Employer Identification Number for
depositing employment taxes?
$7.25
If, on April 15, 2020, a state's minimum wage is $6.95 per hour, what is the minimum rate
that employers in that state must pay employees?
Single or married filing seprately with no adjustments
, At what rate must federal income tax be withheld for an employee who has not properly
completed a W-4?
$500
FUTA tax must be deposited as soon as the quarterly tax liability exceeds:
$1000
Employers can file the employment tax return annually (Form 944) if they anticipate their
federal employment tax liability will not exceed:
$229.50
Carla earns $137,100 from January through November 2020, before resigning to work for a
new employer who pays her $3000 for December 2020. How much FICA would be withheld
on the $3000.
$600
On August 3, 2020 Chen is paid a weekly gross of $300 for a 38-hour work week. If he
works 39 hours in week 1 and 38 hours in week 2, how much pay is he due for the weeks?
Quarterly
State unemployment returns are filed:
January 31st
Form 1099 informational statements must be furnished to recipients no later than:
State Laws
In general, how often employees are paid and the method of payment are regulated by:
$11.54
