FORM 940 PAYROLL INFORMATION FOR THE CALENDAR YEAR 2018: Company Name: BERNIES BASEBALLS, INC. Address: 2 Brewers Way Milwaukee, WI 53214 EIN: 39-1513390 Gross Wages:
FORM 940 PAYROLL INFORMATION FOR THE CALENDAR YEAR 2018:
Company Name: BERNIES BASEBALLS, INC.
Address: 2 Brewers Way Milwaukee, WI 53214
EIN: 39-1513390
Gross Wages: $319,857.00
The employer paid $55,143 in fringe benefits for the employees.
The employers 401K match is $10,000
All 35 employees exceeded the maximum amount of taxable wages for FUTA.
The FUTA deposits were made in 2018 evenly in the first two quarters of the year.
50% of the liability was incurred in the first quarter and 50% of the liability was incurred in the second quarter.
There isnt a third-party designee.
The form was completed on January 22, 2019
Type of Return (Check all that apply ia Santi a. Amandod b.Successor amployar Trade some rey Becpiess Baseball, Inc Add Brewers Way stopped paying wages 3214 ho Itont Tel us about your return t any line does NOT apply, leave t blank See instructions before completing Part 1 Part 1: ta if you had to pay state unemployment tax in one state only, onter the state abbreviation b iH you had to pay state unemployment tax in more than one state, you are a mubi-state you paid wages in a state that is subject to CREDIT REDUCTION Part 2: Determine your FUTA tax betore adjustments It any Iine dees NOT apply. leave it blank 2 319857.00. 3 Tetal payments to a 65143.00 5 Tutal of payments made to each employee in excess of 6 8 FUTA tax before adjustments (line 7 x0.006- Ine Determine your adjustments, It any line does NOT apply leave it blank. Part 3 9 ALL of the taxable FUTA wages you paid were excluded trom state unemployment tax, mutiply line 7 by 0.054 (ine 7x0.064-Ine 9. Go to line 12 N SOME of the taxable FUTA wages you pald were excluded from state unemployment tax OR you paid ANY state u unemployment tax lato (after the due date for iling Form 940) 10 in the instructions. Enter the amount from lne 7 of the worksheet I credit reduction applios, onder the total from Schedude A Form 940) 12 12 Total FUTA tax afhee adjustments fines 8-9 10+11-Ine 12) 3 FUTA tax deposited for the year, including any overpayment applied trom a prior year3 14 Balance due. I line 12 is more than Ine 13, enter the excess on line 14 in 14 s more thn 3500, you mund depost your tax 14 e14 Is $500 or es you may pay with T refurm See instructions s Overpaymant. ine 13 is more than ine 12, en the excess on ine 15 and chock a bos bekow 15 You MUST complete both pages of i form and SIGN om 940 po 502 Report your FUTA or ity by qurler oray 12ts e han $600, l not, go you deposited If you had no lability for Type of Return (Check all that apply ia Santi a. Amandod b.Successor amployar Trade some rey Becpiess Baseball, Inc Add Brewers Way stopped paying wages 3214 ho Itont Tel us about your return t any line does NOT apply, leave t blank See instructions before completing Part 1 Part 1: ta if you had to pay state unemployment tax in one state only, onter the state abbreviation b iH you had to pay state unemployment tax in more than one state, you are a mubi-state you paid wages in a state that is subject to CREDIT REDUCTION Part 2: Determine your FUTA tax betore adjustments It any Iine dees NOT apply. leave it blank 2 319857.00. 3 Tetal payments to a 65143.00 5 Tutal of payments made to each employee in excess of 6 8 FUTA tax before adjustments (line 7 x0.006- Ine Determine your adjustments, It any line does NOT apply leave it blank. Part 3 9 ALL of the taxable FUTA wages you paid were excluded trom state unemployment tax, mutiply line 7 by 0.054 (ine 7x0.064-Ine 9. Go to line 12 N SOME of the taxable FUTA wages you pald were excluded from state unemployment tax OR you paid ANY state u unemployment tax lato (after the due date for iling Form 940) 10 in the instructions. Enter the amount from lne 7 of the worksheet I credit reduction applios, onder the total from Schedude A Form 940) 12 12 Total FUTA tax afhee adjustments fines 8-9 10+11-Ine 12) 3 FUTA tax deposited for the year, including any overpayment applied trom a prior year3 14 Balance due. I line 12 is more than Ine 13, enter the excess on line 14 in 14 s more thn 3500, you mund depost your tax 14 e14 Is $500 or es you may pay with T refurm See instructions s Overpaymant. ine 13 is more than ine 12, en the excess on ine 15 and chock a bos bekow 15 You MUST complete both pages of i form and SIGN om 940 po 502 Report your FUTA or ity by qurler oray 12ts e han $600, l not, go you deposited If you had no lability for
