During the first full week of $20--,$ the Payroll Department of Quigley Corporation is preparing the Forms W$-2$ for distribution to its employees along with their payroll checks on January $10.$ In this problem, you will complete six of the forms in order to gain some experience in recording the different kinds of information required.

Assume each employee earned the same weekly salary for each of the $52$ paydays in $20--,$ the previous year. Using the following information obtained from the personnel and payroll records of the firm, complete Copy A of the last two Forms W$-2$ reproduced below. Also complete Form W$-3.$ This is the second half of the problem that began with $($PR$\mathrm{.}04\mathrm{.}13$A$.$Part$1).$ You will need the data from the first four W$-2$s on Part $1,$ along with the two W$-2$s in this problem to complete the Form W$-3.$ The form is to be signed by the president, Kenneth T$.$ Ford, and is prepared by Ralph I. Volpe.

Company Information:

Address: $4800$ River Road

Philadelphia, PA $19113-5548$ Pennsylvania state identification number: $00-0-1066$

Telephone number: $(215)555-0017$ Federal identification number: $00-0000972$

Fax number: $(215)555-0010$ Philadelphia identification number: $0001895$

Income Tax Information:

The wage$-$bracket method is used to determine federal income tax withholding. Calculate the annual federal income tax withheld by using the weekly wage$-$bracket table and multiply the answer by $52.$ The other taxes withheld are shown below.

Employee Data Payroll Data Annual Taxes Withheld

Kelly B$.$ Roach Single Social security tax withheld $$2,305\mathrm{.}16$

$54$ Gradison Place $$715$ per week Medicare tax withheld $539\mathrm{.}24$

Philadelphia, PA $19113-4054$ SS#: $000-00-4310$ State income tax withheld $1,141\mathrm{.}40$

Deduction for $401($k$)$ plan: $$50/$week Local income tax withheld $1,439\mathrm{.}36$

State unemployment tax withheld$**22\mathrm{.}36$

Ralph I. Volpe Married filing jointly Social security tax withheld $2,530\mathrm{.}84$

$56$ Andrews Court, Apt. $7$ $$785$ per week Medicare tax withheld $591\mathrm{.}76$

Philadelphia, PA $19103-3356$ SS#: $000-00-8804$ State income tax withheld $1,253\mathrm{.}20$

Dependent care payment: $$950$ Local income tax withheld $1,580\mathrm{.}28$

$$70/$week$401($k$)$ State unemployment tax withheld$**24\mathrm{.}44$

Randi A$.$ Myer Single Social security tax withheld $2,853\mathrm{.}24$

$770$ Camac Street $$885$ per week Medicare tax withheld $667\mathrm{.}16$

Philadelphia, PA $19101-3770$ SS#: $000-00-3316$ State income tax withheld $1,412\mathrm{.}84$

Union dues withheld: $$102$ Local income tax withheld $1,781\mathrm{.}52$

State unemployment tax withheld$**27\mathrm{.}56$

Kenneth T$.$ Ford Married filing jointly Social security tax withheld $4,368\mathrm{.}69$

$338$ North Side Avenue $$1,350$ per week Medicare tax withheld $1,021\mathrm{.}97$

Philadelphia, PA $19130-6638$ SS#: $000-00-6839$ State income tax withheld $2,155\mathrm{.}40$

Cost of group$-$term life insurance

exceeding $$50,000$: $$262\mathrm{.}75*$

$$100/$week$401($k$)$ Local income tax withheld

State unemployment tax withheld$**2,717\mathrm{.}52$

$42\mathrm{.}12$

Chrissy C$.$ Carman Married filing jointly Social security tax withheld $2,643\mathrm{.}68$

$4900$ Gladwynne Terrace $$820$ per week Medicare tax withheld $618\mathrm{.}28$

Philadelphia, PA $19127-0049$ SS#: $000-00-5771$ State income tax withheld $1,308\mathrm{.}84$

Union dues withheld: $$102$ Local income tax withheld $1,650\mathrm{.}48$

State unemployment tax withheld$**25\mathrm{.}48$

Hal B$.$ Zuber Single Social security tax withheld $2,546\mathrm{.}96$

$480-$A Hopkinson Tower $$790$ per week Medicare tax withheld $595\mathrm{.}92$

Philadelphia, PA $19101-3301$ SS#: $000-00-8703$ State income tax withheld $1,261\mathrm{.}00$

Educational assistance payments Local income tax withheld $1,590\mathrm{.}16$

$($job$-$required$)$: $$675$

$$50/$week$401($k$)$ State unemployment tax withheld$**24\mathrm{.}44$

$*$The cost of excess group$-$term life insurance is added to gross wages for federal income tax, Social Security, and Medicare. Employers withhold OASDI and HI tax on these amounts but are not required to withhold federal income tax. The cost is not added to gross wages for state and local taxes; therefore, it is not subject to those taxes $($See Figure $4\mathrm{.}8).$

$**$State unemployment tax withheld for Pennsylvania labeled as PA SUI on Form W$-2$ Box $14.$

If an amount box does not require an entry, leave it blank.

As we go to press, the federal income tax rates for $2022$ are being determined by budget talks in Washington and not available for publication. For this edition, the $2021$ federal income tax tables for Manual Systems with Forms W$-4$ from $2020$ or Later with Standard Withholding and $2021$ FICA rates have been used.

Click here to access the Wage$-$Bracket Method Tables.

$22222$ Void $$ a Employee's social security number

$000-00-5771$ For Official Use Only $$

OMB No$.1545-0008$

b Employer identification number $($EIN$)$

$00-00009721$ Wages, tips, other compensation

$fill in the blank $1$

$2$ Federal income tax withheld

$fill in the blank $2$

c Employer's name, address, and ZIP code

Quigley Corporation

$4800$ River Road

Philadelphia, PA $19113-5548$

$3$ Social security wages

$fill in the blank $3$