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Form 941 LookBack Period Calculations 2020 Problem 4- Walker company reported on the Form 941 the following Tax liability amounts during 2020. Requirements- Determine if

Form 941 LookBack Period Calculations 2020

Problem 4-

Walker company reported on the Form 941 the following Tax liability amounts during 2020.

Requirements-

Determine if the company is a monthly or semi weekly depositor, by calculating total Tax Liability amounts. Also, provide the Tax Liability Calculation

Walker Company 941 From Tax Liability Amounts
2017 3rd Quarter $ 3,500
2017 4th Quarter $ 2,100
2018 1st Quarter $ 6,700
2018 2nd Quarter $ 8,200
2018 3rd Quarter $ 12,500
2018 4th Quarter $ 11,850
2019 1st Quarter $ 7,650
2019 2nd Quarter $ 4,250
Walker Company
Quarters Look Back Period Dates Tax Liability

Walker company reported on the Form 941 the following Tax liability amounts during 2020.

Requirements-

Determine if the company is a monthly or semi weekly depositor, by calculating total Tax Liability amounts. Also, provide the Tax Liability Calculation.

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