QKC Practice Questions - ASPPA Qualified 401(k) Consultant (QKC) Exam

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When a worker meets the leased-employee definition, on whose payroll is the worker reflected for FICA and federal income tax withholding purposes?

The leasing organization remains the common-law employer for payroll and withholding even though the recipient must treat the worker as an employee for plan testing The recipient immediately becomes the payroll employer once the one-year threshold is met Both the recipient and the leasing organization must split payroll reporting on a 50/50 basis Payroll reporting transfers to whichever entity pays the higher hourly rate

Correct Answer:

The leasing organization remains the common-law employer for payroll and withholding even though the recipient must treat the worker as an employee for plan testing

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