Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. one of sherwin's independent contractors neglects

One of Sherwin's independent contractors neglects to provide Sherwin with the appropriate TIN. Accordingly, Sherwin...

70.2K

Verified Solution

Question

Accounting

One of Sherwin's independent contractors neglects to provide Sherwin with the appropriate TIN. Accordingly, Sherwin must take backup withholding out of the payments of $42,351 to the contractor of:

a.$9,317.22

b.$ 10,164.24

c.$0

d.$16,771.00

All employers must file the original copy of their W-2s and a transmittal (W-3) annually with the:

a.SSA.

b.US Immigration Services.

c.IRS.

d.All of these choices are correct.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Statistics
1.2K views

Alabama 89.3% Alaska 78.2% Arizona 78% Arkansas 88% California 82.7% Colorado 79.1% Connecticut 87.9% Delaware 86.9% Florida 82.3% Georgia 80.6% Hawaii 82.7% Idaho 79.7% Illinois 87% Indiana 83.8% Iowa...

Physics
1.2K views

1. The U.S. Navy has long proposed the construction of extremely low-frequency (ELF waves) communications systems;...

General Management
1.2K views

(Word limit: 2000 words). Within the context of the chosen organization, critically discuss the main categories...

Biology
1.2K views

The use of an antibiotic-resistance gene on a plasmid used in genetic engineering makesa. replica...

Physics
1.2K views

In the circuit shown the power factor of the circuit is Power factor of only...

Basic Math
1.2K views

Fill in the missing numbers 2 5 6 764 44 6 IN 4095 4

Basic Math
1.2K views

The domain of both the sine and cosine functions is ___, and the range is...

Algebra
1.2K views

4 1 in n find divergence convergence aus sum

Accounting
1.2K views

Cash equivalents are investments that are readily converted to known amounts of cash and mature...

Accounting
1.2K views

Please give me screenshots of this answer. This homework needs to access the SAP ....

Accounting
1.2K views

Exercise 20-3 Terminology in process costing LO C1, A1 Select each of the items with...

Accounting
1.2K views

The financial book value of Maze Inc.'s depreciable assets is lower than the tax basis...