Question
During the fourth quarter of 2016, there were seven biweekly paydays on Friday (October 7, 21; November 4, 18; December 2, 16, 30) for Quality
During the fourth quarter of 2016, there were seven biweekly paydays on Friday (October 7, 21; November 4, 18; December 2, 16, 30) for Quality Repairs. Using the forms supplied below, complete the following forms for the fourth quarter.
If an amount or input box does not require an entry, leave it blank or enter "0". If required, round your calculations and final answers to the nearest cent.
| Quarterly Payroll Data | ||||
| Total Earnings | ||||
| 5 Employees | OASDI | HI | FIT | SIT |
| $18935.00 | $1173.97 | $274.56 | $1893.50 | $1325.45 |
| Employers OASDI | $1173.97 | |||
| Employers HI
| 274.56
| |||
| Federal deposit liability each pay
What would be the quarterly amount of the deposits and what would make up those numbers?
|
684.37
| |||
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
Conservation Easement IRS Audit Techniques Guide
Authors: Internal Revenue Service
1st Edition
1304133923, 978-1304133922
