6. Complete the Form 941 for the 2nd quarter of 2019 for Charming's Distributing Co. (employer identification #11-3333333). Assume that Charming's Distributing (located at 819 Swamp Lane, Fremont, CA 94538) chooses to complete and mail Form 941 on the due date. Based on the lookback period, Charming's Distributing is a monthly depositor. Assume that all necessary deposits were made on a timely basis and that the employer made deposits equal to the total amount owed for the quarter. All five employees worked during each of the three months, and the company does not choose to allow a third party to discuss the form with the IRS. Note that the form is signed by the company's president, Prince Charming (telephone #510-555-8293). Second quarter earnings, and associated taxes withheld from employee earnings, are as follows. None of the employees had Additional Medicare tax deductions. April Taxes May Taxes June Taxes 2nd Quarter Earnings FWT $905.00 $884.93 $930.12 $12,895 Social Security $255.39 $263.50 $280.60 $12,895 Medicare $65.44 $59.74 $61.83 $12,895 941 for 2019: Employer's QUARTERLY Federal Tax Return 950117 Form Pev. January 2018) Department of the Treasury - Internal Revenue Service OMB No. 1546-0029 Employer identification number (EIN) Report for this Quarter of 2019 (Check one.) Name (not your trade name) 1: January, February, March 2: April, May, June Trade name (if any) 3: July, August, September Address 4: October, November, December Sulte or room number Go to www.irs.gov/Form941 for instructions and the latest information. Nurber City Stato ZIP Code Foreign country ramo Foreign provinca county Foreign postal code 1 2 3 Read the separate instructions before you complete Form 941. Type or print within the boxes. Part 1: Answer these questions for this quarter. 1 Number of employees who received wages, tips, or other compensation for the pay period including: Mar. 12 (Quarter 1), June 12 (Quarter 2), Sept 12 (Quarter 3), or Dec. 12 (Quarter 4) 2 Wages, tips, and other compensation 3 Federal income tax withheld from wages, tips, and other compensation 4 If no wages, tips, and other compensation are subject to social security or Medicare tax Column 1 Column 2 5a Taxable social security wages. x 0.124 = 5b Taxable social security tips . x 0.124 = 5c Taxable Medicare wages & tips. x 0.029 = 5d Taxable wages & tips subject to Additional Medicare Tax withholding x 0.009 = Check and go to line 6 5e Add Column 2 from lines 5a, 5b, 5c, and 5d 5e 5f Section 3121(q) Notice and Demand Tax due on unreported tips (see instructions) 5f 6 Total taxes before adjustments. Add lines 3,5e, and 5f 6 Part 3: Determine your adjustments. If any line does NOT apply, leave it blank. 9 If ALL of the taxable FUTA wages you paid were excluded from state unemployment tax, multiply line 7 by 0.054 (line 7 x 0.054 = line 9). Go to line 12 9 10 If SOME of the taxable FUTA wages you paid were excluded from state unemployment tax, OR you paid ANY state unemployment tax late after the due date for filing Form 940), complete the worksheet in the instructions. Enter the amount from line 7 of the worksheet 10 11 If credit reduction applies, enter the total from Schedule A (Form 940) 11 Part 4: Determine your FUTA tax and balance due or overpayment. If any line does NOT apply, leave it blank. 12 Total FUTA tax after adjustments (ines 8 + 9 + 10 + 11 = line 12) - 12 FUTA tax deposited for the year, including any overpayment applied from a prior year Balance due. If line 12 is more than line 13, enter the excess on line 14. If line 14 is more than $500, you must deposit your tax. If line 14 is $500 or less, you may pay with this return. See instructions Overpayment. If line 13 is more than line 12, enter the excess on line 15 and check a box below 15 You MUST complete both pages of this form and SIGN it. Check one: Apply to next return. Send a refund. Neart For Privacy Act and Paperwork Reduction Act Notice, see the back of the Payment Voucher. Cat. No. 112340 Form 940 (2012) 13 13 14 14 15 850212 Name (not your trade name) Employer identification number (EIN) Part 5: Report your FUTA tax liability by quarter only if line 12 is more than $500. If not, go to Part 6. 16 Report the amount of your FUTA tax liability for each quarter; do NOT enter the amount you deposited. If you had no liability for a quarter, leave the line blank. 16a 16a 1st quarter (January 1 - March 31). 166 2nd quarter (April 1 - June 30) 16b 16c 3rd quarter (July 1 - September 30) 16c 16d 4th quarter (October 1 - December 31) 160 Total liability for quarter Total must equal line 12. You were a semiweekly schedule depositor for any part of this quarter. Complete Schedule B (Form 941), Report of Tax Liability for Semiweekly Schedule Depositors, and attach it to Form 941. Part 3: Tell us about your business. If a question does NOT apply to your business, leave it blank. 17 If your business has closed or you stopped paying wages Check here, and enter the final date you paid wages 18 If you are a seasonal employer and you don't have to file a return for every quarter of the year Check here. Part 4: May we speak with your third-party designee? Do you want to allow an employee, a paid tax preparer, or another person to discuss this return with the IRS? See the instructions Yes. Designee's name and phone number Select a 5-digit Personal Identification Number (PIN) to use when talking to the IRS. for details. I No. Part 5: Sign here. You MUST complete both pages of Form 941 and SIGN it. Under penalties of perjury, I declare that I have examined this return, Including accompanying schedules and statements, and to the best of my knowledge and ballet, it is true, correct, and complete. Declaration of preparer(other than taxpayer) is based on all Information of which preparer has any knowledge. Print your Sign your name here name here title here X Print your Date Best daytime phone Check if you are self-employed Paid Preparer Use Only Preparer's name PTIN Date Preparer's signature Firm's name (or yours if self-employed EIN Address Phone City State ZIP code Page 2 Form 941(Rev. 1-2019) 6. Complete the Form 941 for the 2nd quarter of 2019 for Charming's Distributing Co. (employer identification #11-3333333). Assume that Charming's Distributing (located at 819 Swamp Lane, Fremont, CA 94538) chooses to complete and mail Form 941 on the due date. Based on the lookback period, Charming's Distributing is a monthly depositor. Assume that all necessary deposits were made on a timely basis and that the employer made deposits equal to the total amount owed for the quarter. All five employees worked during each of the three months, and the company does not choose to allow a third party to discuss the form with the IRS. Note that the form is signed by the company's president, Prince Charming (telephone #510-555-8293). Second quarter earnings, and associated taxes withheld from employee earnings, are as follows. None of the employees had Additional Medicare tax deductions. April Taxes May Taxes June Taxes 2nd Quarter Earnings FWT $905.00 $884.93 $930.12 $12,895 Social Security $255.39 $263.50 $280.60 $12,895 Medicare $65.44 $59.74 $61.83 $12,895 941 for 2019: Employer's QUARTERLY Federal Tax Return 950117 Form Pev. January 2018) Department of the Treasury - Internal Revenue Service OMB No. 1546-0029 Employer identification number (EIN) Report for this Quarter of 2019 (Check one.) Name (not your trade name) 1: January, February, March 2: April, May, June Trade name (if any) 3: July, August, September Address 4: October, November, December Sulte or room number Go to www.irs.gov/Form941 for instructions and the latest information. Nurber City Stato ZIP Code Foreign country ramo Foreign provinca county Foreign postal code 1 2 3 Read the separate instructions before you complete Form 941. Type or print within the boxes. Part 1: Answer these questions for this quarter. 1 Number of employees who received wages, tips, or other compensation for the pay period including: Mar. 12 (Quarter 1), June 12 (Quarter 2), Sept 12 (Quarter 3), or Dec. 12 (Quarter 4) 2 Wages, tips, and other compensation 3 Federal income tax withheld from wages, tips, and other compensation 4 If no wages, tips, and other compensation are subject to social security or Medicare tax Column 1 Column 2 5a Taxable social security wages. x 0.124 = 5b Taxable social security tips . x 0.124 = 5c Taxable Medicare wages & tips. x 0.029 = 5d Taxable wages & tips subject to Additional Medicare Tax withholding x 0.009 = Check and go to line 6 5e Add Column 2 from lines 5a, 5b, 5c, and 5d 5e 5f Section 3121(q) Notice and Demand Tax due on unreported tips (see instructions) 5f 6 Total taxes before adjustments. Add lines 3,5e, and 5f 6 Part 3: Determine your adjustments. If any line does NOT apply, leave it blank. 9 If ALL of the taxable FUTA wages you paid were excluded from state unemployment tax, multiply line 7 by 0.054 (line 7 x 0.054 = line 9). Go to line 12 9 10 If SOME of the taxable FUTA wages you paid were excluded from state unemployment tax, OR you paid ANY state unemployment tax late after the due date for filing Form 940), complete the worksheet in the instructions. Enter the amount from line 7 of the worksheet 10 11 If credit reduction applies, enter the total from Schedule A (Form 940) 11 Part 4: Determine your FUTA tax and balance due or overpayment. If any line does NOT apply, leave it blank. 12 Total FUTA tax after adjustments (ines 8 + 9 + 10 + 11 = line 12) - 12 FUTA tax deposited for the year, including any overpayment applied from a prior year Balance due. If line 12 is more than line 13, enter the excess on line 14. If line 14 is more than $500, you must deposit your tax. If line 14 is $500 or less, you may pay with this return. See instructions Overpayment. If line 13 is more than line 12, enter the excess on line 15 and check a box below 15 You MUST complete both pages of this form and SIGN it. Check one: Apply to next return. Send a refund. Neart For Privacy Act and Paperwork Reduction Act Notice, see the back of the Payment Voucher. Cat. No. 112340 Form 940 (2012) 13 13 14 14 15 850212 Name (not your trade name) Employer identification number (EIN) Part 5: Report your FUTA tax liability by quarter only if line 12 is more than $500. If not, go to Part 6. 16 Report the amount of your FUTA tax liability for each quarter; do NOT enter the amount you deposited. If you had no liability for a quarter, leave the line blank. 16a 16a 1st quarter (January 1 - March 31). 166 2nd quarter (April 1 - June 30) 16b 16c 3rd quarter (July 1 - September 30) 16c 16d 4th quarter (October 1 - December 31) 160 Total liability for quarter Total must equal line 12. You were a semiweekly schedule depositor for any part of this quarter. Complete Schedule B (Form 941), Report of Tax Liability for Semiweekly Schedule Depositors, and attach it to Form 941. Part 3: Tell us about your business. If a question does NOT apply to your business, leave it blank. 17 If your business has closed or you stopped paying wages Check here, and enter the final date you paid wages 18 If you are a seasonal employer and you don't have to file a return for every quarter of the year Check here. Part 4: May we speak with your third-party designee? Do you want to allow an employee, a paid tax preparer, or another person to discuss this return with the IRS? See the instructions Yes. Designee's name and phone number Select a 5-digit Personal Identification Number (PIN) to use when talking to the IRS. for details. I No. Part 5: Sign here. You MUST complete both pages of Form 941 and SIGN it. Under penalties of perjury, I declare that I have examined this return, Including accompanying schedules and statements, and to the best of my knowledge and ballet, it is true, correct, and complete. Declaration of preparer(other than taxpayer) is based on all Information of which preparer has any knowledge. Print your Sign your name here name here title here X Print your Date Best daytime phone Check if you are self-employed Paid Preparer Use Only Preparer's name PTIN Date Preparer's signature Firm's name (or yours if self-employed EIN Address Phone City State ZIP code Page 2 Form 941(Rev. 1-2019)