Federal Tax Deposit System (LO 9.4)

(No COVID provisions) Drew Fogelman operates a small business and his payroll records for the second quarter of 2020 reflect the following:

Employee	Matt D.		Jack F.		Avery F.		Tiffany Y.
Gross wages	$3,000.00		$1,400.00		$1,800.00		$4,200.00
Federal income tax withheld	45.00		18.00		25.00		191.00
FICA taxes	459.00		214.20		275.40		642.60

Drew's employee identification number is 34-4321321 and his business is located at 732 Nob Hill Blvd. in Yakima, WA 98902. Drew is eligible to pay his withholding at the time he files his quarterly Form 941.

Complete page 1 of Form 941 for Drew for the second quarter of 2020. If your answer is zero, enter "0". Round your answers to two decimal places, if necessary.

Form 941 for 2020: (Rev. April 2020)

Employer's QUARTERLY Federal Tax Return Department of the Treasury Internal Revenue Service

950120 OMB No. 1545-0029

Employer identification number (EIN)

3

4

4

3

2

1

3

2

1

Name (not your trade name)

Drew Fogelman

Trade name (if any)

Address

732 Nob Hill Blvd.

Number

Street

Suite or room number

Yakima

WA

98902

City

State

ZIP code

Foreign country name

Foreign province/county

Foreign postal code

Report for this Quarter of 2020 (Select one.)

January, February, MarchApril, May, JuneJuly, August, SeptemberOctober, November, December

Go to www.irs.gov/Form941 for instructions and the latest information.

Read the separate instructions before you complete Form 941. Type or print within the boxes.

Part 1:

Answer these questions for this quarter.

1

Number of employees who received wages, tips, or other compensation for the pay period including: June 12 (Quarter 2), Sept. 12 (Quarter 3), or Dec. 12 (Quarter 4) . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

1

fill in the blank 2

2

Wages, tips, and other compensation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

2

fill in the blank 3

3

Federal income tax withheld from wages, tips, and other compensation . . . . . . . . . . . . . . . . . . . . . . . .

3

fill in the blank 4

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
5a	Taxable social security wages . . . . . . . . . . . .	fill in the blank 5	x 0.124 =	fill in the blank 6
5a	(i) Qualified sick leave wages . . . . . . . . . . . .	fill in the blank 7	x 0.062 =	fill in the blank 8
5a	(ii) Qualified family leave wages . . . . . . . . .	fill in the blank 9	x 0.062 =	fill in the blank 10
5b	Taxable social security tips . . . . . . . . . . . . . .	fill in the blank 11	x 0.124 =	fill in the blank 12
5c	Taxable Medicare wages & tips . . . . . . . . . . .	fill in the blank 13	x 0.029 =	fill in the blank 14
5d	Taxable wages & tips subject to Additional Medicare Tax withholding	fill in the blank 15	x 0.009 =	fill in the blank 16

5e

Total social security and Medicare taxes. Add Column 2 from lines 5a, 5a(i), 5a(ii), 5b, 5c, and 5d . . . . . .

5e

fill in the blank 17

5f

Section 3121(q) Notice and DemandTax due on unreported tips (see instructions) . . . . . . . . . . . . . . . .

5f

fill in the blank 18

6

Total taxes before adjustments. Add lines 3, 5e, and 5f . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

6

fill in the blank 19

7

Current quarter's adjustment for fractions of cents . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

7

fill in the blank 20

8

Current quarter's adjustment for sick pay . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

8

fill in the blank 21

9

Current quarter's adjustments for tips and group-term life insurance . . . . . . . . . . . . . . . . . . . . . . . . . .

9

fill in the blank 22

10

Total taxes after adjustments. Combine lines 6 through 9 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

10

fill in the blank 23

11a

Qualified small business payroll tax credit for increasing research activities. Attach Form 8974 . . . . . . .

11a

fill in the blank 24

11b

Nonrefundable portion of credit for qualified sick and family leave wages from Worksheet 1 . . . . . . .

11b

fill in the blank 25

11c

Nonrefundable portion of employee retention credit from Worksheet 1 . . . . . . . . . . . . . . . . . . . . . . . .

11c

fill in the blank 26