Brooke may defer her payroll taxes by reducing her payroll deposits calculated on Form 941.
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QUESTION | Brooke has several employees and would like to defer her payroll taxes for 2020. How should she be advised? |
A | Brooke must use Form 7200 to request a payment deferral. |
B | Brooke may defer all of her payroll tax payments until 2021 and 2022. |
C | Brooke may defer her payroll taxes by reducing her payroll deposits calculated on Form 941. |
D | Brooke may defer her payroll taxes even if she receives a credit for the same wages. |
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