Payroll Exam 2 Questions and
Answers 100% Pass
The Federal Insurance Contributions Act levies a tax upon the gross earnings of self-
employed persons. - ✔✔False
In its definition of employee, FICA clearly distinguishes between classes or grades of
employees. - ✔✔False
A worker hired by the federal government in 2017 is covered under FICA. - ✔✔True
Peter, age 17 and employed by his family-owned corporation, is covered under FICA. -
✔✔True
Severance pay is considered taxable wages under FICA. - ✔✔True
Which of the following deposit requirements pertains to a semiweekly depositor who
has accumulated employment taxes of $17,500 on payday, Saturday, May 16, 20--? -
✔✔The taxes must be deposited on or before Friday, May 22.
To be designated a semiweekly depositor, how much in employment taxes would an
employer have reported for the four quarters in the lookback period? - ✔✔More than
$50,000.
Katelyn Whitman, All Rights Reserved © 2025 1
Answers 100% Pass
The Federal Insurance Contributions Act levies a tax upon the gross earnings of self-
employed persons. - ✔✔False
In its definition of employee, FICA clearly distinguishes between classes or grades of
employees. - ✔✔False
A worker hired by the federal government in 2017 is covered under FICA. - ✔✔True
Peter, age 17 and employed by his family-owned corporation, is covered under FICA. -
✔✔True
Severance pay is considered taxable wages under FICA. - ✔✔True
Which of the following deposit requirements pertains to a semiweekly depositor who
has accumulated employment taxes of $17,500 on payday, Saturday, May 16, 20--? -
✔✔The taxes must be deposited on or before Friday, May 22.
To be designated a semiweekly depositor, how much in employment taxes would an
employer have reported for the four quarters in the lookback period? - ✔✔More than
$50,000.
Katelyn Whitman, All Rights Reserved © 2025 1
