Correct Answer: EIC
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More Payroll MCQ Questions
What form must a contractor include to not be considered an employee?
Which tax return is used to file federal annual employer paid taxes?
Which form is used to correct an employees reported wages to IRS after W-2's have been issued?
Which form is needed for independent contractors or vendors who are seeking payment for their products/services?
What is the current employer tax rate for FICA social security and medicare?
What is the purpose of a time card?
What is an EIN?
On which of the following financial statements is Payroll Expense reported?
The term "payroll period" refers to ____________.
The term "statutory employee" refers to ______________.
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