Prepare for your Certified Payroll Professional Exam with our comprehensive quiz featuring multiple-choice questions and detailed explanations. Enhance your understanding of payroll concepts and boost your confidence for the exam day!

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.