The Maximum Penalty Imposed on Employers for Incorrect or Late

question 116

Multiple Choice

The maximum penalty imposed on employers for incorrect or late filing of W-2's (subject to maximum penalties) is:

• A)$50 per form.
• B)$100 per form.
• C)$260 per form.
• D)$530 per form.

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Definitions:

Ending Balance

The final amount in an account at the conclusion of a period after all debits and credits have been accounted for.