Employees CIT Payable and Employees SIT Payable are: a. deposited separately with separate agencies (city/locality or state).

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Employees CIT Payable and Employees SIT Payable are:

a. deposited separately with separate agencies (city/locality or state).

b. not required to be deposited.

c. made to the same taxing agency and therefore made together.

d. liability accounts that hold the employer's share of SIT and CIT withholding

Related Book For answer-question

Income Tax Fundamentals 2013

ISBN: 9781285586618

31st Edition

Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill

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Posted Date: Jan 01, 2024 02:02 AM

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Employees CIT Payable and Employees SIT Payable are: a. deposited separately with separate agencies (city/locality or state).

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The detailed answer for the above question is provided below The answer is c made to the same taxing ... View the full answer

Income Tax Fundamentals 2013

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