For the third quarter of the year, Barney Construction, 715 Red Rock Boulevard, San Francisco, California 94121, received Form 941 from the District office of the Internal Revenue Service. The identification number for Barney Construction is 91-7382476. Its payroll for the quarter ended September 30 is as follows. The company has had six employees throughout the year. Assume that the FICA Social Security (employer) is 6.2 percent, the FICA Social Security (employee) is 6.2 percent on the first $118,500, and the Medicare tax is 1.45 percent of all earnings. The employer matches the employees' FICA Medicare taxes. There are no taxable tips, adjustments, backup withholding, or earned income credits. Barney Construction has submitted the following federal tax deposits and written the accompanying checks: Required: Complete Part 1 of Form 941 for the third quarter for Barney Construction. Round your dollar amounts to the nearest cent and use the rounded answers in subsequent computations. If an amount box does not require an entry, leave it blank. Part 1: Answer these questions for this quarter. 13 Add lines 11 and 12a 13 14 Balance due. If line 10 is more than line 13, enter the difference and see instructions 14 15 Overpayment. If line 13 is more than line 10 , enter the difference 5e Add Column 2 from lines 5a, 5b, 5c, and 5d 5e 5f Section 3121(q) Notice and Demand-Tax due on unreported tips (see instructions) 5f 6 Total taxes before adjustments (add lines 3, 5e, and 5f) 6 7 Current quarter's adjustment for fractions of cents 7 8 Current quarter's adjustment for sick pay 8 9 Current quarter's adjustments for tips and group-term life Insurance 9 10 Total taxes after adjustments. Combine lines 6 through 9 10 11 Total deposits for this quarter, including overpayment applied from a prior quarter and overpayment applied from Form 941-X or Form 944-X filed in the current quarter 11 2a COBRA premium assistance payments (see instructions) 12a 1 Number of employees who received wages, tips, or other compensation for the pay period including: Mar. 12 (Quarter 1), June 12 (Quarter 2), Sept. 12 (Quarter 3), Dec. 12 (Quarter 4) 1 2 Wages, tips, and other compensation 2 3 Income tax withheld from wages, tips, and other compensation 3 4 If no wages, tips, and other compensation are subject to social security or Medicare tax Check and go to line 6 5 Taxable social security and Medicare wages and tips: Column 1 5a Taxable social security wages 5b Taxable social security tips 5c Taxable Medicare wages \& tips 5d Taxable wages \& tips subject to Additional Medicare Tax withholding Column 2 .124=.124=.029=.009= For the third quarter of the year, Barney Construction, 715 Red Rock Boulevard, San Francisco, California 94121, received Form 941 from the District office of the Internal Revenue Service. The identification number for Barney Construction is 91-7382476. Its payroll for the quarter ended September 30 is as follows. The company has had six employees throughout the year. Assume that the FICA Social Security (employer) is 6.2 percent, the FICA Social Security (employee) is 6.2 percent on the first $118,500, and the Medicare tax is 1.45 percent of all earnings. The employer matches the employees' FICA Medicare taxes. There are no taxable tips, adjustments, backup withholding, or earned income credits. Barney Construction has submitted the following federal tax deposits and written the accompanying checks: Required: Complete Part 1 of Form 941 for the third quarter for Barney Construction. Round your dollar amounts to the nearest cent and use the rounded answers in subsequent computations. If an amount box does not require an entry, leave it blank. Part 1: Answer these questions for this quarter. 13 Add lines 11 and 12a 13 14 Balance due. If line 10 is more than line 13, enter the difference and see instructions 14 15 Overpayment. If line 13 is more than line 10 , enter the difference 5e Add Column 2 from lines 5a, 5b, 5c, and 5d 5e 5f Section 3121(q) Notice and Demand-Tax due on unreported tips (see instructions) 5f 6 Total taxes before adjustments (add lines 3, 5e, and 5f) 6 7 Current quarter's adjustment for fractions of cents 7 8 Current quarter's adjustment for sick pay 8 9 Current quarter's adjustments for tips and group-term life Insurance 9 10 Total taxes after adjustments. Combine lines 6 through 9 10 11 Total deposits for this quarter, including overpayment applied from a prior quarter and overpayment applied from Form 941-X or Form 944-X filed in the current quarter 11 2a COBRA premium assistance payments (see instructions) 12a 1 Number of employees who received wages, tips, or other compensation for the pay period including: Mar. 12 (Quarter 1), June 12 (Quarter 2), Sept. 12 (Quarter 3), Dec. 12 (Quarter 4) 1 2 Wages, tips, and other compensation 2 3 Income tax withheld from wages, tips, and other compensation 3 4 If no wages, tips, and other compensation are subject to social security or Medicare tax Check and go to line 6 5 Taxable social security and Medicare wages and tips: Column 1 5a Taxable social security wages 5b Taxable social security tips 5c Taxable Medicare wages \& tips 5d Taxable wages \& tips subject to Additional Medicare Tax withholding Column 2 .124=.124=.029=.009=