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CPP-Remote Exam Dumps : Certified Payroll Professional

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Certified Payroll Professional Questions and Answers

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Question 1

When paying supplemental wages along with regular wages WITHOUT specifying the amount of each, how would a company determine the amount of income tax to withhold from the supplemental wages if the employee has been paid no supplemental wages so far during the year and the supplemental wage payment is no more than $1,000?

Options:

A.

Withhold income tax as if the total were a single payment for a regular payroll period.

B.

Withhold a flat 25% from the supplemental wages and withhold from regular wages using the appropriate table.

C.

Withhold a flat 25% from the supplemental wages.

D.

Compute income tax withholding on the regular wages separate from the supplemental wages

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Question 2

Which of the following would NOT be defined as a tax-deferred benefit?

Options:

A.

Non qualified plan contributions

B.

403(b) pretax contributions

C.

401(k) pretax contributions

D.

125 pretax contributions

Question 3

What is the amount reported in box 12, and what code is used?

Options:

A.

C 4,980

B.

D 24,582

C.

C 10,480

D.

D 29,682

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