During the first full week of 20 , the Payroll Department of Omni 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 04 13B (Part 1) You will need the data from the first four W 2s on Part 1, along with the two W 2s in this problem to complete the Form W 3 The form is to be signed by the president, Frank Kent, and is prepared by Vince Roper 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 See example of Randy A Kellison's completed Form W 2 below Randy A Kellison Single, 2 allowances Social security tax withheld $2,305 16 54 Gradison Place $715 per week Medicare tax withheld 539 24 Philadelphia, PA 19113 4054 SS 000 00 4310 State income tax withheld 1,141 40 Deduction for 401(k) plan $50 week Local income tax withheld 1,443 00 State unemployment tax withheld 22 36 Vince T Roper Married, 3 allowances Social security tax withheld 3,175 64 56 Andrews Court, Apt 7 $985 per week Medicare tax withheld 742 56 Philadelphia, PA 19103 3356 SS 000 00 8804 State income tax withheld 1,572 48 Dependent care payment $950 Local income tax withheld 1,987 96 $70 week401(k) State unemployment tax withheld 30 68 Murray T Rodson Single, 0 allowances Social security tax withheld 2,466 36 770 Camac Street $765 per week Medicare tax withheld 576 68 Philadelphia, PA 19101 3770 SS 000 00 3316 State income tax withheld 1,221 48 Union dues withheld $102 Local income tax withheld 1,543 88 State unemployment tax withheld 23 92 Frank A Kent Married, 6 allowances Social security tax withheld 6,061 29 338 North Side Avenue $1,875 per week Medicare tax withheld 1,417 69 Philadelphia, PA 19130 6638 SS 000 00 6839 State income tax withheld 2,993 12 Cost of group term life insurance Local income tax withheld 3,784 04 exceeding $50,000 $262 75 $100 week401(k) State unemployment tax withheld 58 76 Carlie C Christian Married, 5 allowances Social security tax withheld 2,514 72 4900 Gladwynne Terrace $780 per week Medicare tax withheld 588 12 Philadelphia, PA 19127 0049 SS 000 00 5771 State income tax withheld 1,245 40 Union dues withheld $102 Local income tax withheld 1,574 04 State unemployment tax withheld 24 44 Zana W Amelia Single, 1 allowance Social security tax withheld 2,546 96 480 A Hopkinson Tower $790 per week Medicare tax withheld 595 92 Philadelphia, PA 19101 3301 SS 000 00 8703 State income tax withheld 1,261 00 Educational assistance payments Local income tax withheld 1,594 32 (job required) $675 $50 week401(k) State unemployment tax withheld 24 44 Must use percentage method to calculate federal income tax 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 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 Click here to access the Table of Allowance Values Click here to access the Percentage Method Tables Click here to access the Wage Bracket Method Tables

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During the first full week of 20--, the Payroll Department of Omni Corporation is preparing the Forms W-2 for distribution to its employees along with

During the first full week of 20--, the Payroll Department of Omni 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 04-13B (Part 1). You will need the data from the first four W-2s on Part 1, along with the two W-2s in this problem to complete the Form W-3. The form is to be signed by the president, Frank Kent, and is prepared by Vince Roper.

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
*See example of Randy A. Kellison's completed Form W-2 below.*
Randy A. Kellison	Single, 2 allowances	Social security tax withheld	$2,305.16
54 Gradison Place	$715 per week	Medicare tax withheld	539.24
Philadelphia, PA 19113-4054	SS#: 000-00-4310	State income tax withheld	1,141.40
	Deduction for 401(k) plan: $50/week	Local income tax withheld	1,443.00
		State unemployment tax withheld***	22.36
Vince T. Roper	Married, 3 allowances	Social security tax withheld	3,175.64
56 Andrews Court, Apt. 7	$985 per week	Medicare tax withheld	742.56
Philadelphia, PA 19103-3356	SS#: 000-00-8804	State income tax withheld	1,572.48
	Dependent care payment: $950	Local income tax withheld	1,987.96
	$70/week401(k)	State unemployment tax withheld***	30.68
Murray T. Rodson	Single, 0 allowances	Social security tax withheld	2,466.36
770 Camac Street	$765 per week	Medicare tax withheld	576.68
Philadelphia, PA 19101-3770	SS#: 000-00-3316	State income tax withheld	1,221.48
	Union dues withheld: $102	Local income tax withheld	1,543.88
		State unemployment tax withheld***	23.92
Frank A. Kent	Married, 6 allowances	Social security tax withheld	6,061.29
338 North Side Avenue	$1,875 per week*	Medicare tax withheld	1,417.69
Philadelphia, PA 19130-6638	SS#: 000-00-6839	State income tax withheld	2,993.12
	Cost of group-term life insurance	Local income tax withheld	3,784.04
	exceeding $50,000: $262.75** $100/week401(k)	State unemployment tax withheld***	58.76
Carlie C. Christian	Married, 5 allowances	Social security tax withheld	2,514.72
4900 Gladwynne Terrace	$780 per week	Medicare tax withheld	588.12
Philadelphia, PA 19127-0049	SS#: 000-00-5771	State income tax withheld	1,245.40
	Union dues withheld: $102	Local income tax withheld	1,574.04
		State unemployment tax withheld***	24.44
Zana W. Amelia	Single, 1 allowance	Social security tax withheld	2,546.96
480-A Hopkinson Tower	$790 per week	Medicare tax withheld	595.92
Philadelphia, PA 19101-3301	SS#: 000-00-8703	State income tax withheld	1,261.00
	Educational assistance payments	Local income tax withheld	1,594.32
	(job-required): $675 $50/week401(k)	State unemployment tax withheld***	24.44

^*Must use percentage method to calculate federal income tax.

^**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 4.8).

^***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.

Click here to access the Table of Allowance Values.

Click here to access the Percentage Method Tables.

Click here to access the Wage-Bracket Method Tables.