Question
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
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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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