Chapter 4 Income Tax Witholding-Sample problems
Ch 4 Income Tax Witholding - Questions for Review (p. 436)
Note: All answers and solutions are based on Tax Tables A and B in the textbook and
the tax regulations presented in Chapter 4. Tax Tables A and B are used by employers,
effective January 1, 2011.
Ch 1 Questions for Review (Pg 1-22)
1. Which Act sets the minimum wage , and what is the current wage rate?
The Fair Labor Standards Act(FLSA) sets the minimum wage and the current
minimum wage is at $7.25 an hour.
2. Under the Fair Labor Standards Act(FL
Chapter 6 Questions for Review (p. 632)
The main kinds of information contained in a payroll register include period covered
by the payroll, name of each employee, marital status and number of withholding
allowances for each employee, a record of time
Answers to Questions for Review (p. 529)
Under FUTA, a person or a business is considered an employer if either of the
following two tests applies:
Pays wages of $1,500 or more during any calendar quarter in the current or
preceding calendar year, o