Fundamental Payroll Year-End Processing and Reporting Flashcards
7 cards from real Fundamental Payroll Certification practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.
Read the first 7 Fundamental Payroll Year-End Processing and Reporting flashcards as text
By what date must employers furnish Form W-2 to employees?
Answer: January 31
Employers must furnish W-2 forms to employees by January 31 of the year following the tax year.
Which copy of Form W-2 must be filed with the Social Security Administration?
Answer: Copy A
Copy A of Form W-2 (the red-ink version or its electronic equivalent) must be submitted to the Social Security Administration.
What does Code D in Box 12 of Form W-2 represent?
Answer: Elective deferrals to a 401(k) plan
Code D in Box 12 reports elective deferrals under a 401(k) qualified cash or deferred arrangement plan.
What is the deadline for filing W-2 forms with the SSA, whether submitted on paper or electronically?
Answer: January 31
Since 2017, the deadline for filing W-2s with the SSA is January 31 for both paper and electronic submissions.
Which form must accompany Copy A of W-2 forms when submitted to the Social Security Administration?
Answer: Form W-3
Form W-3 (Transmittal of Wage and Tax Statements) serves as a summary cover sheet that must accompany W-2 Copy A forms filed with the SSA.
Which box on Form W-2 reports Social Security tips that employees reported to their employer during the year?
Answer: Box 7
Box 7 reports Social Security tips — the dollar amount of tips the employee reported to the employer during the tax year.
If an employee has not received Form W-2 by February 15, what is the recommended course of action?
Answer: Contact the employer first, then the IRS if still unresolved
Employees should first contact their employer; if the W-2 is still not provided, they may call the IRS, which can contact the employer on the employee's behalf.
How this page was made: written with AI tools and published by Nathan Beja, founder of Practice Test Geeks, who is responsible for its content. Exam facts are checked against the official sources listed below. Not reviewed by a subject-matter expert. Editorial policy
Sources & references
Exam facts on this page (fees, format, dates, passing scores) are checked against these official sources; the date is our last check. Editorial policy
- payroll.org — Eligibility, exam format, registration deadline, registration, test dates, time limit, renewal, score validity, test delivery, retake policy · verified Oct 2026