Self Assessment Quizzes

CHAPTER 13: Section 3 Tax Liability Payments and Tax Reports

	1.	The deposit made by an employer for federal payroll taxes includes

		a.	Medicare and federal income taxes
		b.	FICA and Medicare taxes
		c.	FICA, Medicare, and federal income taxes
		d.	FICA and federal income taxes

	2.	Employers are required to file a federal tax return reporting payroll and tax liabilities

		a.	annually
		b.	monthly
		c.	quarterly
		d.	semi-annually

	3.	Employees receive a yearly summary of their earnings and taxes withheld which is provided by the employer. This report is called a

		a.	W-3
		b.	941
		c.	940
		d.	W-2

	4.	The form that accompanies an employer`s payment of social security, Medicare and employees` federal income tax is a

		a.	form 941
		b.	form W-2
		c.	federal tax deposit coupon
		d.	form 940

	5.	Employers file a yearly summary of all of their employees` earnings and taxes withheld on a form

		a.	W-3
		b.	941
		c.	940
		d.	W-2

	6.	The employer`s portion of federal payroll taxes are

		a.	FICA and Medicare taxes
		b.	FICA and federal income taxes
		c.	Medicare and federal income taxes
		d.	FICA, Medicare and Federal income taxes

	7.	When federal unemployment taxes are paid, they are accompanied by form

		a.	941
		b.	940
		c.	8109
		d.	W-2