Figure 4.10 During the first full week of 2019, the Payroll Department of Quigley Corporation is preparing the Forms W-2 for distribution to its employees along with their payroll checks on January 4. 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 2018. 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 04-13A (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, 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, 1 allowance 2,305.16 Social security tax withheld 54 Gradison Place $715 per week 539.24 Medicare tax withheld Philadelphia, PA 19113-4054 SS#: 000-00-4310 1,141.40 State income tax withheld Deduction for 401(k) plan: $50/week 1,450.28 Local income tax withheld Ralph I. Volpe Married, 1 allowance 2,530.84 Social security tax withheld 56 Andrews Court, Apt. 7 $785 per week 591.76 Medicare tax withheld Philadelphia, PA 19103-3356 SS#: 000-00-8804 1,253.20 State income tax withheld Dependent care payment: $950 1,592.24 Local income tax withheld $70/week401(k) Randi A. Myer Single, 0 allowances 2,853.24 Social security tax withheld 770 Camac Street $885 per week 667.16 Medicare tax withheld Philadelphia, PA 19101-3770 SS#: 000-00-3316 1,412.84 State income tax withheld Union dues withheld: $102 1,795.04 Local income tax withheld Kenneth T. Ford Married, 7 allowances 4,368.69 Social security tax withheld 338 North Side Avenue $1,350 per week 1,021.97 Medicare tax withheld Philadelphia, PA 19130-6638 SS#: 000-00-6839 2,155.40 State income tax withheld Cost of group-term life insurance 2,738.32 Local income tax withheld exceeding $50,000: $262.75* $100/week401(k) Chrissy C. Carman Married, 3 allowances 2,643.68 Social security tax withheld 4900 Gladwynne Terrace $820 per week 618.28 Medicare tax withheld Philadelphia, PA 19127-0049 SS#: 000-00-5771 1,308.84 State income tax withheld Union dues withheld: $102 1,662.96 Local income tax withheld Hal B. Zuber Single, 1 allowance 2,546.96 Social security tax withheld 480-A Hopkinson Tower $790 per week 595.92 Medicare tax withheld Philadelphia, PA 19101-3301 SS#: 000-00-8703 1,261.00 State income tax withheld Educational assistance payments (job-required): $675 1,602.12 Local income tax withheld $50/week401(k) *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 4.7). If an amount box does not require an entry, leave it blank. Note: You must enter in the hyphens in the social security numbers, employer identification number, etc. Click here to access the Wage-Bracket Method Tables. 22222 Void a Employee's social security number For Official Use Only OMB No. 1545-0008 b Employer identification number (EIN) 1 Wages, tips, other compensation $ 2 Federal income tax withheld $ c Employer's name, address, and ZIP code Quigley Corporation 4800 River Road Philadelphia, PA 19113-5548 3 Social security wages $ 4 Social security tax withheld $ 5 Medicare wages and tips $ 6 Medicare tax withheld $ 7 Social security tips $ 8 Allocated tips $ d Control number 9 Verification code 10 Dependent care benefits $ e Employee's first name and initial Chrissy C. Last name Carman Suff. 11 Nonqualified plans 12a See instructions for box 12 4900 Gladwynne Terrace Philadelphia, PA 19127-0049 f Employee's address and ZIP code 13 None Code $ 12b 14 Other Union Dues 102.00 Code $ 12c Code $ 12d Code $ 15 State Employer's state ID number 16 State wages, tips, etc. $ 17 State income tax $ 18 Local wages, tips, etc. $ 19 Local income tax $ 20 Locality name Form W-2 Wage and Tax Statement 20-- Department of the TreasuryInternal Revenue Service For Privacy Act and Paperwork Reduction Act Notice, see back of Copy D. 22222 Void a Employee's social security number For Official Use Only OMB No. 1545-0008 b Employer identification number (EIN) 1 Wages, tips, other compensation $ 2 Federal income tax withheld $ c Employer's name, address, and ZIP code Quigley Corporation 4800 River Road Philadelphia, PA 19113-5548 3 Social security wages $ 4 Social security tax withheld $ 5 Medicare wages and tips $ 6 Medicare tax withheld $ 7 Social security tips $ 8 Allocated tips $ d Control number 9 Verification code 10 Dependent care benefits $ e Employee's first name and initial Hal B. Last name Zuber Suff. 11 Nonqualified plans 12a See instructions for box 12 480-A Hopkinson Tower Philadelphia, PA 19101-3301 f Employee's address and ZIP code 13 Retirement plan Code D $ 12b 14 Other Educ. Assist 675.00 Code $ 12c Code $ 12d Code $ 15 State PA Employer's state ID number 16 State wages, tips, etc. $ 17 State income tax $ 18 Local wages, tips, etc. $ 19 Local income tax $ 20 Locality name Phila Form W-2 Wage and Tax Statement 20-- Department of the TreasuryInternal Revenue Service For Privacy Act and Paperwork Reduction Act Notice, see back of Copy D. 33333 a Control number For Official Use Only OMB No. 1545-0008 b Kind of Payer 941 Kind of Employer None apply Third party sick pay No c Total number of forms W-2 d Establishment number 1 Wages, tips, other compensation $ 2 Federal income tax withheld $ e Employer identification number (EIN) 3 Social security wages $ 4 Social security tax withheld $ f Employer's name Quigley Corporation 5 Medicare wages and tips $ 6 Medicare tax withheld $ 4800 River Road Philadelphia, PA 19113-5548 g Employer's address and ZIP code 7 Social security tips $ 8 Allocated tips $ 9 10 Dependent care benefits $ 11 Nonqualified plans 12a Deferred compensation $ h Other EIN used this year 13 For third-party sick pay use only 12b 15 State PA Employer's state ID number 14 Income tax withheld by payer of third-party sick pay 16 State wages, tips, etc. $ 17 State income tax $ 18 Local wages, tips, etc. $ 19 Local income tax $ Employer's contact person Ralph I. Volpe Employer's telephone number (215) 555-0017 For Official Use Only Employer's fax number (215) 555-0010 Employer's email address NA Under penalties of perjury, I declare that I have examined this return and accompanying documents and, to the best of my knowledge and belief, they are true, correct, and complete. Signature Kenneth T. Ford Title President Date 1/31/19 Form W-3 Transmittal of Wage and Tax Statements 20-- Department of the Treasury Source: Internal Revenue Service Feedback