For each of the following payments, indicate the form (Form W-2, W-4, W-3, W-2G, 1099-B, 1099-DIV, 1099-INT, 1099-MISC, or 1099-R) that should be used to report the payment. a.Dividends from a mutual fund b.Las Vegas gambling winnings c.Interest paid by a bank d.Payment of salary and commissions to an employee e.Payments from an IRA account f.Use to report wages to the Social Security Administration.

In USA IRS [ Internal Revenue Service ]is the tax authority and the…

Answered: For each of the following payments,…

Business

Accounting

For each of the following payments, indicate the form (Form W-2, W-4, W-3, W-2G, 1099-B, 1099-DIV,

Cornerstones of Financial Accounting

4th Edition

ISBN:9781337690881

Author:Jay Rich, Jeff Jones

Publisher:Jay Rich, Jeff Jones

Chapter8: Current And Contingent Liabilities

Section: Chapter Questions

Problem 10MCQ: When a credit is made to federal income taxes withholding payable account related to taxes withheld...

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Question

For each of the following payments, indicate the form (Form W-2, W-4, W-3, W-2G, 1099-B, 1099-DIV,
1099-INT, 1099-MISC, or 1099-R) that should be used to report the payment.

a.	Dividends from a mutual fund
b.	Las Vegas gambling winnings
c.	Interest paid by a bank
d.	Payment of salary and commissions to an employee
e.	Payments from an IRA account
f.	Use to report wages to the Social Security Administration.

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