Using the information from P5-10A for Leda Inc., complete Form W-3 that must accompany the company's Forms

Question:

Using the information from P5-10A for Leda Inc., complete Form W-3 that must accompany the company's Forms W-2. Leda Inc. is a 941-SS payer and is a private, for-profit company. No third-party sick pay applied for 2016.


Data from P5-10A

Leda Inc. is located at 433 Augusta Road, Caribou, Maine, 04736, phone number 201-555-1212. The Federal EIN is 54-3910394, and a Maine Revenue Services number of 3884019. Owner, Amanda Leda has asked you to prepare Form W-2 for each of the following employees of Leda, Inc. as of December 31, 2016.

Sarah C. Niehaus
 122 Main Street, #3
 Caribou, ME 04736
 SSN 477-30-2234

Dependent Care Benefit: $1,800.00

Total 2016 wages: $34,768.53
 401(k) contribution: $1,043.06
 Section 125 contribution: $1,500.00
 Federal income tax withheld: $4,833.82
 Social Security Tax withheld: $2,062.65
 Medicare tax withheld: $482.39
 State Income tax withheld $2,561.92

Maxwell S. Law
 1503 22nd Street
 New Sweden, ME 04762
 SSN: 493-55-2049

Total 2016 wages: $36,729.37
 401(k) contribution: $1,469.18
 Section 125 contribution: $1,675.00
 Federal income tax withheld: $4,407.52
 Social Security Tax withheld: $2,173.37
 Medicare tax withheld: $508.29
 State Income tax withheld $2,670.02

Siobhan E. Manning
 1394 West Highway 59
 Woodland, ME 04694
 SSN: 390-39-1002
 Tuition in excess of $5,250: $1,575.00 (include in box 1)

Total 2016 wages: $30,034.87
 401(k) contribution: $712.75
 Section 125 contribution: $1,000.00
 Federal income tax withheld: $4,833.82
 Social Security Tax withheld: $1,800.16
 Medicare tax withheld: $421.01
 State Income tax withheld $2,130.38

Donald A. Hendrix
 1387 Rimbaud Avenue
 Caribou, ME 04736
 SSN: 288-30-5940

Total 2016 wages: $22,578.89
 401(k) contribution: $1,354.73
 Section 125 contribution: $2,250.00
 Federal income tax withheld: $2,709.47
 Social Security Tax withheld: $1,260.39
 Medicare tax withheld: $294.77
 State Income tax withheld $1,508.45

Alison K. Sutter
 3664 Fairfield Street
 Washburn, ME 04786
 SSN: 490-55-0293

Total 2016 wages: $45,908.34
 401(k) contribution: $2,754.50
 Section 125 contribution: $1,750.00
 Federal income tax withheld: $5,509.00
 Social Security Tax withheld: $2,737.82
 Medicare tax withheld: $640.30
 State Income tax withheld $3,291.61

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Payroll Accounting 2017

ISBN: 978-1259572180

3rd edition

Authors: Jeanette Landin, Paulette Schirmer

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