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olya-2409 [2.1K]
3 years ago
6

What are the two main types of tax forms a company provides to employees so the employees can fill out their 1040 tax form?

Business
2 answers:
tiny-mole [99]3 years ago
6 0
The company give their employee the W4 and 1099 forms

Anastasy [175]3 years ago
5 0

Answer:

The correct answers are: <em>''Form W-4''</em> and ''<em>Form 1099''</em>.

Explanation:

The U.S. Individual Income Tax Return, commonly known as Form 1040, is an Internal Revenue Service(IRS) tax whose main purpose is to calculates the total taxable taxpayer's income and then determinate how much of that amount needs to be refunded or paid by the U.S. government. Therefore to complete this form the employer needs to give to their employees two main tax forms, the W-4 and 1090.

The Form W-4 is also an IRS tax form whose principle focus is to indicate the correct amount of tax to withhold from the employee's paycheck according and stating in a clear way the current tax situation that the person is in.

And finally, the Form 1090 comprehends an IRS tax form whose main purpose is to report payments to independents contractors, rental property income and more. It is used to prepare and file an information return to report different kinds of income.

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8 0
4 years ago
Plz, help ASAP!!!!
chubhunter [2.5K]

Answer:

The incorrect statement is letter "D": Saving can only be done in person. Investing can be done both in person and online.

Explanation:

There are several differences between saving and investing. Both of them have the potential to grow capital over a specific period. While saving is beneficial in the short run, investment is in the long run.  

Though, saving money implies depositing it in an account to make a profit out of the annual interest rate offered by banks. <em>The money can be deposited in person, through wire transfers or online transfers between accounts</em>. Investing is characterized by risking money through acquiring assets such as stocks, bonds, or mutual funds. That money can be provided by the investor in a meeting with the people in charge of managing the money or through online brokers.

6 0
3 years ago
Mesia has come to you for help. For the third time this month, she has recorded a cash receipt twice. She wants you to record a
gayaneshka [121]

Answer:

Any adjustment section in the Accounts ought to be assessed and ought to be endorsed by the controller before posting it. The supporting clear archive to be delivered and held with the voucher for review reason.  

Here, the case is money receipt is recorded twice, and requirements to book revising passage. Necessities to examine about the section, and need to cross check with money equalization and deals balance, Cash receipt number etc.to ensure this is a real case and ensure no fraud is occurring.

4 0
4 years ago
When the required return is equal to the coupon rate, the bond value is▼equal togreater thanless thanthe par value. In contrast
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1) Answer: When the required return is equal to the coupon rate, the bond value is equal to the par value,

2) if the required return is less than the coupon rate the bond will sell at a premium.

Explanation:

1) The reason for this that the required return is the market or investors required rate of return for a particular bond, when the required rate and coupon rate are equal it means that the investor is getting the return he wants in coupon payments, therefore the investor will be willing to buy the bond on par value, as he is getting his required return in the form of coupon payments.

2) When the required return is less than the coupon rate the investor is getting more in coupons than he required from the bond so the bonds price will be higher than par so that the return from the coupons become equal to the required rate of return. Thats why when a bonds required return is less than the coupon it sells on a premium.

3 0
3 years ago
The federal law that establishes the right to collective bargaining and limits the interference of management in the right of em
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The federal law that establishes the right to collective bargaining and limits the interference of management in the right of employees to have a collective bargaining agent is the National Labor Relations Act of 1935.

<h3>What is the National Labor Relations Act?</h3>

The National Labor Relations Act of 1935 is a key piece of American labor legislation that protects employees working in the private sector's ability to form unions, participate in collective bargaining, and conduct collective action like strikes. An important part of the law prohibited corporate unions.

By giving workers in private-sector companies the fundamental right to demand better working conditions and choice of representation without fear of punishment, the NLRA safeguards workplace democracy.

Employees have the right under the National Labor Relations Act (NLRA) to establish or join unions, take part in protected, organized actions to address or improve working conditions, or refrain from taking part in these activities.

To know more about National Labor Relations Act refer to: brainly.com/question/17309523

#SPJ4

6 0
2 years ago
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