Prepare for the Certified Payroll Professional Exam with comprehensive flashcards and multiple choice questions. Each question is accompanied by detailed hints and explanations to aid your understanding. Get ready to ace your Certified Payroll Professional Exam!

Practice this question and more.


Which of the following is covered by the Federal Income Tax Withhold Requirements?

  1. Employee benefits

  2. Salaries and wages

  3. Investment income

  4. Monthly bonuses

The correct answer is: Salaries and wages

Salaries and wages are covered by the Federal Income Tax Withholding Requirements. This means that employers are required to withhold federal income tax from employees' wages based on the withholding allowances claimed on their Form W-4 and the IRS withholding tables. Employee benefits, investment income, and monthly bonuses are not typically subject to federal income tax withholding.