Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

complete copy A of the W-2 for each employee PSb 6-6 Complete Copy A of the W-2 Form for the two employees of Gameroom Associates

complete copy A of the W-2 for each employee
image text in transcribed
PSb 6-6 Complete Copy A of the W-2 Form for the two employees of Gameroom Associates Corp. (Employer Identification \#55-5555555). Gameroom Associates Corp. (located at 87 Rose Way, Lexington, KY 40361) utilizes control numbers, and its Kentucky State ID number is the same as its federal Employer Identification Number. Rachel Flowers (4 Fiber Way, Lexington, KY 40361), whose Social Security number is 888888888, is an employee of Gameroom Associates Corp. (Rachel's control number is \#4407.) Gross earnings for federal income tax withholding, Social Security tax, and Medicare tax were $101,470 for the year, while these taxes were $9.250,$6,291.14, and $1,471.32, respectively. The annual charitable contribution was $260. Kentucky income tax withholding was $6,088.20 (based on the above gross earnings for federal income tax), with no local taxes withheld. The employer's Kentucky State ID number is the same as its federal Employer Identification Number. Adrian Pitts (8765 Tripping Way, Lexington, KY 40361), whose Social Security number is 444-44-4444, is an employee of Gameroom Associates Corp. (Adrian's control number is \#4408.) Gross earnings for federal income tax withholding were $136,960 for the year, while gross earnings for Social Security tax and Medicare tax were $141,460 for the year. The federal income tax, Social Security tax, and Medicare tax were $16,350,$8,239.80, and $1,985.92, respectively. The annual charitable contribution was $675, and the 401(k) retirement plan contribution was $4,500. Kentucky income tax withholding was $10,382.73 (based on the above gross earnings for federal income tax), with no local taxes withheld. The employer's Kentucky State ID number is the same as it: federal Employer Identification Number

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

43 Ways To Finance Your Feature Film A Comprehensive Analysis Of Film Finance

Authors: John W. Cones

3rd Edition

0809326930, 978-0809326938

More Books

Students also viewed these Finance questions

Question

How might we reduce crime and the fear of crime?

Answered: 1 week ago

Question

Describe the recent developments in lighting for the guestroom.

Answered: 1 week ago