Each employee is paid semimonthly on the 15th and last day of each month. Shown below is the payroll information for the first quarter of 20- All pay periods were the same. PAYROLL INFORMATION FOR JANUARY-MARCH Quarterly OASDI Federal Income Total Deductions 55N Employee Wage Paul Purson 000-00-7233 $4,680.00 $290.16 Matt Dirkson 000-00-0451 8,020.00 497.24 116.29 Joan Howard 000-00-3668 8,465.00 524.83 122.74 Dorrie Smith 000-00-6527 10,035.00 622.17 145.51 Totals $31,200.00 $1,934.40 $452.40 HI Tax $67.861 Net Pay $366.00 $724.02 $3,955.98 952.00 1,565.53 6,454.47 1,080.00 1,727.57 6,737.43 1,146.00 1,913.68 8,121.32 $3,544.00 $5,930.00 $25,269.20 Employer's FICA taxes for the quarter $1,934.40 OASDI $452:40 HI The total taxes per payday are Employees FICA Tax-OASOL Employer's FICA Tax-OASO $322.40 322.40 Employees FICA Tax-HI 75.40 Employer's FICA Tax-HI Employees FIT 75.40 590.67 Total $1,306.276 paydays $8,317.62 in deposits for the quarter None of the employees reported tips during the quarter Using Form 941 below, prepare the return on the basis of the information shown above Note Lines Sa and Sc of Form 941, tax on total taxable wages, are computed by multiplying by the combined tax rate for both employer and employee. Small differences due to rounding may occur between this total and the total taxes withheld from employees each pay period and the amount of the employer's taxes calculated each pay period. This difference is reported on line 7 as a deduction or an addition as Fractions of Cents Use minus sign to indicate a deduction. If line 7 is zero, for grading purposes only, enter a zero. Assume that company deposits taxes on monthly basis Number of employees who received wages, tips, or other compensation for the pay period including: Mar. 12 (Quarter 1) 2 Wages, tips, and other compensation 3 Federal income tax withheld from wages, tips, and other compensation. 1 2 31,200 3,544 4 If no wages, tips, and other compensation are subject to social security or Medicare tax Check and go to line 6. Column 1 Column 2 Sa Taxable social security wages.. Sa (1) Qualified sick leave wages.. Sa (1) Qualified family leave wages. 5b Taxable social security tips. Sc Taxable Medicare wages & tips. 31,200 0.124 3,868.8 x 0.062- x0.062- 0.124- 31,200 0.029- 904.8 Sd Taxable wages & tipe subject to Additional Medicare Tax withholding x0.009- Se Total social security and Hedicare taxes, And Column 2 from Snes Se, 5400, S400, 5, 5, and d St Section 3121(e) Notice and Demand-Tax due on unreported tips (see instructions) 4,773.6 M 6 Total taxes before adjustments. Add ines 3, Se, and Sr. 7 Current quarter's adjustment for fractions of cents Current quarter's adjustment for sick pay Current quarter's adjustments for tips and group-term life insurance 10 Total taxes after adjustments. Combine lines 6 through 9 8,317,6 7 9 10 11a Qualified small business payroll tax credit for increasing research activities. Attach Form 6974. 135 Nonrefundable portion of credit for qualified sick and family leave wages for leave taken before April 1, 2021 11a 13c Reserved for future use Check My Work Check My Work senang 11c Not Show me how Print tem Name (not your trade name) KAREN KLUSTER Part 1: Answer these questions for this quarter. (continued) Employer identification number (EIN) 11d Nonrefundable portion of credit for qualified sick and family leave wages for leave taken after March 31, 2021, and before October 1, 2021 11e Nonrefundable portion of COBRA premium assistance credit (see instructions for applicable quarter) 11f Number of individuals provided COBRA premium assistance 11g Total nonrefundable credits. Add lines 11a, 11b, 11d, and 11e.. 12 Total taxes after adjustments and nonrefundable credits. Subtract line 11g from line 10 00-0005874 11d 11e 11g 12 13a Total deposits for this quarter, including overpayment applied from a prior quarter and overpayments applied from Form 941-X, 941-X (PR), 944-X, or 944-X (SP) filed in the current quarter. 13a 13b Reserved for future use 13b 13c Refundable portion of credit for qualified sick and family leave wages for leave taken before April 1, 2021 13c 13d Reserved for future use 13d 13e Refundable portion of credit for qualified sick and family leave wages for leave taken after March 31, 2021, and before October 1, 2021 13e 13f Refundable portion of COBRA premium assistance credit (see instructions for applicable quarter)... 13g Total deposits and refundable credits. Add lines 13a, 13c, 13e, and 13f. 13h Reserved for future use. 131 Reserved for future use. 14 Balance due. If line 12 is more than line 13g, enter the difference and see instructions - 15 Overpayment. If line 13g is more than line 12, enter the difference Part 2: Tell us about your deposit schedule and tax liability for this quarter. 13f 13g 13h 131 14 Check one: a Apply to next return. Send a refund. If you're unsure about whether you're a monthly schedule depositor or a semiweekly schedule depositor, see section 11 of Pub. 15. 16 Check one: eserved for future use alance due. If line 12 is more than line 13g, enter the difference and see instructions. werpayment. If line 13g is more than line 12, enter the difference Tell us about your deposit schedule and tax liability for this quarter. 13i 14 Check one: Apply to next return. Send a refund. e unsure about whether you're a monthly schedule depositor or a semiweekly schedule depositor, see section 11 of Pub. 15. seck one: a. Line 12 on this return is less than $2,500 or line 12 on the return for the prior quarter was less than $2,500, and you didn't incur a $100,000 next-day deposit obligation during the current quarter. If line 12 for the prior quarter was less than $2,500 but line 12 on this return is $100,000 or more, you must provide a record of your federal tax liability. If you're a monthly schedule depositor, complete the deposit schedule below; if you're a semiweekly schedule depositor, attach Schedule B (Form 941). Go to Part 3. b. You were a monthly schedule depositor for the entire quarter. Enter your tax liability for each month and total liability for the quarter, then go to Part 3. Tax liability: Month 1 Month 2 Month 3 2,772.5 X Total liability for quarter Total must equal line 12. c. You were a semiweekly schedule depositor for any part of this quarter. Complete Schedule B (Form 941), Report of Tax Liability for Semiweekly Schedule Depositors, and attach it to Form 941. Go to Part 3. u MUST complete all three pages of Form 941 and SIGN it. (not your trade name) KLUSTER Next- Form 941 (Rev. 3-2022) Employer identification number (EIN) 00-0005874 Name (not your trade name) KAREN KLUSTER Employer identification number (EIN) Part 3: Tell us about your business. If a question does NOT apply to your business, leave it blank. 17 If your business has closed or you stopped paying wages. 00-0005874 ... Check here, and enter the final date you paid wages 20 Qualified health plan expenses allocable to qualified family leave wages for leave taken before April 1, 2021... ; also attach a statement to your return. See instructions. 18 If you're a seasonal employer and you don't have to file a return for every quarter of the year. 19 Qualified health plan expenses allocable to qualified sick leave wages for leave taken before April 1, 2021 o Check here. 19 20 21 Reserved for future use 22 Reserved for future use 23 Qualified sick leave wages for leave taken after March 31, 2021, and before October 1, 2021 24 Qualified health plan expenses allocable to qualified sick leave wages reported on line 23. 25 Amounts under certain collectively bargained agreements allocable to qualified sick leave wages reported on line 23. 26 Qualified family leave wages for leave taken after March 31, 2021, and before October 1, 2021. 27 Qualified health plan expenses allocable to qualified family leave wages reported on line 26...... 28 Amounts under certain collectively bargained agreements allocable to qualified family leave wages reported on line 26....... 21 22 23 24 25 26 27 28 Part 4: May we speak with your third-party designee? Do you want to allow an employee, a paid tax preparer, or another person to discuss this return with the IRS? See the instructions for details. Designee's name and phone number Check My Work 1 more Check My Work uses remaining