APA Exam CPP-Remote Topic 9 Question 63 Discussion

Actual exam question for APA's CPP-Remote exam

Question #: 63
Topic #: 9

[All CPP-Remote Questions]

An EE who works for more than one ER and has exceeded the social security wage base may:

Atake a credit against FIT on Form 1040

Bdemand that the ER refund the overage

Capply the social security tax to next year's withholdings

Dapply the overage to benefits paid at age 65

Show Suggested Answer

Suggested Answer: A

by Refugia at Jan 15, 2025, 05:50 AM

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Dante

8 days ago

Wait, we get to choose how to handle the overage? Awesome! I'm going to start working multiple ERs just to max out my SS contributions.

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Oretha

9 days ago

Option A, hands down. Who doesn't love a tax credit? It's like free money!

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Stephen

10 days ago

This is a tricky one. I'm going with C - that way, I don't have to deal with the hassle of a refund or waiting until retirement.

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Alfred

1 months ago

I'm not sure, but I think B) demand that the ER refund the overage could also be a possible answer.

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Brett

1 months ago

I disagree, I believe the correct answer is C) apply the social security tax to next year's withholdings.

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Maurine

1 months ago

I'm torn between B and D. Demanding a refund from the ER might be the easier option, but long-term, the overage could boost my retirement benefits.

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Precious

2 days ago

A) take a credit against FIT on Form 1040

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Evangelina

4 days ago

Boosting your retirement benefits does sound like a good long-term strategy.

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Aleisha

8 days ago

D) apply the overage to benefits paid at age 65

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Stefany

17 days ago

I think demanding a refund from the ER would be the best option.

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Deeanna

21 days ago

B) demand that the ER refund the overage

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Pearly

22 days ago

A) take a credit against FIT on Form 1040

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Truman

1 months ago

I think the answer is A) take a credit against FIT on Form 1040.

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Evangelina

2 months ago

Option D seems like the most logical choice. Applying the overage to future benefits makes the most sense.

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Kirby

19 days ago

I'm not sure about option B, demanding the employer refund the overage. That might not be the best approach.

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Emerson

26 days ago

I think option A could also be a possibility, taking a credit against FIT on Form 1040.

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Katheryn

1 months ago

I agree, option D does seem like the most logical choice.

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