CERTIFIED PAYROLL PROFESSIONAL (CPP)
2026/2027 ACTUAL QUESTIONS WITH
VERIFIED ANSWERS.
Dependent care benefits - correct answer -W-2, Box 10
Form 941, Schedule D - correct answer -explains discrepancies
due to an acquisition
Form 1099-NEC - correct answer -A tax form used to report
payments made to non-employees for services performed for a
business.
Form 1099-MISC, Box 3 - correct answer -Payments made to an
employee after their death are reported where?
Form 941-X - correct answer -corrects wages & taxes reported on
Form 941
,the check should be reissued to the employee's beneficiary -
correct answer -What should be done with a check that was
received but not cashed before an employee's death?
No, it is exempt; however, it should be included in the "total
payments to all employees" line - correct answer -Is GTL subject
to FUTA taxes?
federal income - correct answer -Wages paid after death are
exempt from ______ tax withholding.
Code J - correct answer -W-2 Box 12 code for nontaxable sick
pay
Code C - correct answer -W-2 Box 12 code for taxable GTL
Code V - correct answer -W-2 Box 12 code for income from
exercise of nonstatutory stock options
,Code L - correct answer -W-2 Box 12 code for nontaxable per
diem business expenses
when the employee receives the check - correct answer -For an
off-cycle check, tax liability is determined by ____.
to record daily liabilities within the quarter - correct answer -Semi-
weekly depositors use Form 941 Schedule B to ____.
10 days; the due date is the last day of the month following the
end of the quarter - correct answer -How long is the 941 filing
extension for employers who have deposited all taxes timely
during the quarter? When is the regular due date?
the following Monday/business day - correct answer -If the due
date to file Form 941 falls on a weekend/holiday, when is the due
date?
Wages, tips, other compensation - correct answer -Form W-2 Box
1
, Social security wages - correct answer -Form W-2 Box 3
Form 941 lookback period - correct answer -the 12-month period
ending the previous June 30th; determines if an employer is a
monthly or semiweekly federal tax depositor
Form 944 - correct answer -Employer's Annual Federal Tax
Return; can be used by employers with an annual tax liability of
$1,000 or less to report wages, FITW, social security and
Medicare wages and taxes, and deposits
Form 940 - correct answer -Employer's Annual Federal
Unemployment (FUTA) Tax Return; reports taxable wages,
calculates FUTA tax, and reports quarterly FUTA tax liability
Form 945 - correct answer -Annual Return of Withheld Federal
Income Tax; used to report federal income tax withheld from
nonpayroll payments and nonpayroll tax deposits
$7,000.00 - correct answer -FUTA wage base
2026/2027 ACTUAL QUESTIONS WITH
VERIFIED ANSWERS.
Dependent care benefits - correct answer -W-2, Box 10
Form 941, Schedule D - correct answer -explains discrepancies
due to an acquisition
Form 1099-NEC - correct answer -A tax form used to report
payments made to non-employees for services performed for a
business.
Form 1099-MISC, Box 3 - correct answer -Payments made to an
employee after their death are reported where?
Form 941-X - correct answer -corrects wages & taxes reported on
Form 941
,the check should be reissued to the employee's beneficiary -
correct answer -What should be done with a check that was
received but not cashed before an employee's death?
No, it is exempt; however, it should be included in the "total
payments to all employees" line - correct answer -Is GTL subject
to FUTA taxes?
federal income - correct answer -Wages paid after death are
exempt from ______ tax withholding.
Code J - correct answer -W-2 Box 12 code for nontaxable sick
pay
Code C - correct answer -W-2 Box 12 code for taxable GTL
Code V - correct answer -W-2 Box 12 code for income from
exercise of nonstatutory stock options
,Code L - correct answer -W-2 Box 12 code for nontaxable per
diem business expenses
when the employee receives the check - correct answer -For an
off-cycle check, tax liability is determined by ____.
to record daily liabilities within the quarter - correct answer -Semi-
weekly depositors use Form 941 Schedule B to ____.
10 days; the due date is the last day of the month following the
end of the quarter - correct answer -How long is the 941 filing
extension for employers who have deposited all taxes timely
during the quarter? When is the regular due date?
the following Monday/business day - correct answer -If the due
date to file Form 941 falls on a weekend/holiday, when is the due
date?
Wages, tips, other compensation - correct answer -Form W-2 Box
1
, Social security wages - correct answer -Form W-2 Box 3
Form 941 lookback period - correct answer -the 12-month period
ending the previous June 30th; determines if an employer is a
monthly or semiweekly federal tax depositor
Form 944 - correct answer -Employer's Annual Federal Tax
Return; can be used by employers with an annual tax liability of
$1,000 or less to report wages, FITW, social security and
Medicare wages and taxes, and deposits
Form 940 - correct answer -Employer's Annual Federal
Unemployment (FUTA) Tax Return; reports taxable wages,
calculates FUTA tax, and reports quarterly FUTA tax liability
Form 945 - correct answer -Annual Return of Withheld Federal
Income Tax; used to report federal income tax withheld from
nonpayroll payments and nonpayroll tax deposits
$7,000.00 - correct answer -FUTA wage base