Which of the following is FALSE regarding payroll tax forms?

A) Payroll tax forms are used to summarize the amount of payroll withholdings that have been collected and remitted.
B) All of the following are payroll tax forms: Form 940,Form 941,Form 944,and Form 1040
C) Payroll tax forms are filed for withholdings from employee pay and employer income tax expenses.
D) Form W-2 is provided to the employee and form W-3 is filed with the Social Security Administration.

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Gurpreet Singh · Accepted Answer

Final Answer : B, Explanation :  Form 1040 is not a payroll tax form; it is a personal income tax form. The other forms listed (Form 940, Form 941, and Form 944) are all payroll tax forms used to report and remit payroll taxes. Additionally, Form W-2 is provided to employees to summarize their income and withholding for the year, while Form W-3 is filed with the Social Security Administration to summarize all of the information from the individual W-2 forms.

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