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Continuing Payroll Project: Prevosti Farms and Sugarhouse (Static) The first quarter tax return needs to be filed for Prevosti Farms and Sugarhouse by April 15,

Continuing Payroll Project: Prevosti Farms and Sugarhouse (Static)

The first quarter tax return needs to be filed for Prevosti Farms and Sugarhouse by April 15, 2021. For the taxes, assume the second February payroll amounts were duplicated for the March 5 and March 19 payroll periods, and the new benefit elections went into effect as planned. The form was completed and signed on April 9, 2021.

Benefit Information Exempt
Federal FICA
Health Insurance Yes Yes
Life Insurance Yes Yes
Long-term Care Yes Yes
FSA Yes Yes
401(k) Yes No
Gym No No

Owner's name: Toni Prevosti

Address: 820 Westminster Road, Bridgewater, VT 05520.

Phone: 802-555-3456

Number of employees: 8

Gross quarterly wages (Exclusive of Fringe benefits): $32,086.87

Federal income tax withheld: $360.00

401(k) contributions: $1,259.90

Section 125 withheld: $4,080.00

Gym membership: $90.00

Monthly Deposits Amount
Month 1 $ 0.00
Month 2 $ 1,918.18
Month 3 $ 2,726.72

Required:

Complete Form 941 for Prevosti Farms and Sugarhouse. Prevosti Farms and Sugarhouse was assigned EIN 22-6654454.

-(NOTE): Instructions on format can be found on certain cells within the

I need help completing this 941

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