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help me Figore 57, tigure 5.3 and fioure 5,4 Since the SUTA rates changes are made at the end of each year, the awollathe 2021

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Figore 57, tigure 5.3 and fioure 5,4 Since the SUTA rates changes are made at the end of each year, the awollathe 2021 rates mete ined for fuTA and SUTA. Notes Since the 2021 Form 940 and Schedule A were not availablet at print date, the 2020 version is used. The net furn tac rate of 0.6. text. As the accountant for Runcon Moving Company, you are preparing the coimpany's annual return, Form 940 and 5 chedule A, Use the following infonmabian to cemplete form 940 and Schedule A. Since the net. FUTA tax latility did not exceed 5500 until the the quarter, the company was required to make ks first depent of Fura taxirs on lanaary 31 af the nest year Assume that the electranic payment was ruade on time. a. One of the employees performs all of his dutees in another rate-Anzona b. Total payments marte to employees during calenidar year 201 c. Employer contributoons in California into employeses' 401(k) retitement fans 53,500 . d. Poyenenta made to employees in excess of 57,000:$36,500(511,490 from Arizona and $25,010 frum Calforisa). e. form is to be braned by Mickey Voron, Vice President, and doted 1/at/te. f. Pticine number (219)5558310. If an input box does not require an eatry, leave it blank. When required, roumal amesnts to the nearest cent. Use rounded answers for subsequent. computations. Part 2: Determine your FUTA tax before adjustments, If any line does Not apply, leave it blank. 3 Total payments to all employees. Select: Retirement/Pension 5 Total of payments made to each employee in excess of $7,000 6 Subtotal (line 4+ line 5= line 6 ) 7. Total taxable FUTA wages (line 3 line 6= line 7). See instructions 8 FUTA tax before adjustments (line 70.006= line 8 ) Part 31 Determine your adjustments. If any line does NoT apply, leave it blank. 9 If ALL of the taxable FUTA wages you paid were excluded from state unemployment tax, multiply instructions. Enter the amount from line 7 of the worksheet . 11 If credit reduction applies, enter the total from Schedule A (form 940) Part 4: Determine your fura tax and balance due or overpayment. If any line does Nor apply, leave it blank. 12 Total FUTA tax after adjustments (lines 8+9+10+11= line 12)= 13 FUTA tax deposited for the year, including any overpayment applied Irom a prior vear. 14 Balance due. If line 12 is more than line 13 , enter the excess on line 14. - If line 14 is more than $500, ypu must deposit your tax. quarter, leave the line blank. Do you want to allow an employee, a paid tax preparer, or another person to discuss this return with the 18st see the instructions for details. Designee's name and phone number Select a 5-digit Personal Identification Number (PIN) to use when talking to IRS Sign here. You MUST fill out both pages of this form and SIGN it. knowledge and belief, it is true, correct, and complete, and that no part of any payment made to a wate anempioyertit fird dianyed at a crentit was, or is to be, deducted from the payments made to employees. Declaration of preparer fother than tavpayer) in tased an aif wiusmatina ahich preparer has any knowledge. Place an " X " in the box of EVERY state in which you had to pay state unemployment tax this year. For the U.S, Virgin Islands, ent FUTA taxable wages and the reduction rate (see page 2). Multiply the FUTA taxable wages by the reduction rate and enter the ce reduction amount. Don't include in the FUTA Taxable Wages box wages that were excluded from state unemployment tax fean wh. Figore 57, tigure 5.3 and fioure 5,4 Since the SUTA rates changes are made at the end of each year, the awollathe 2021 rates mete ined for fuTA and SUTA. Notes Since the 2021 Form 940 and Schedule A were not availablet at print date, the 2020 version is used. The net furn tac rate of 0.6. text. As the accountant for Runcon Moving Company, you are preparing the coimpany's annual return, Form 940 and 5 chedule A, Use the following infonmabian to cemplete form 940 and Schedule A. Since the net. FUTA tax latility did not exceed 5500 until the the quarter, the company was required to make ks first depent of Fura taxirs on lanaary 31 af the nest year Assume that the electranic payment was ruade on time. a. One of the employees performs all of his dutees in another rate-Anzona b. Total payments marte to employees during calenidar year 201 c. Employer contributoons in California into employeses' 401(k) retitement fans 53,500 . d. Poyenenta made to employees in excess of 57,000:$36,500(511,490 from Arizona and $25,010 frum Calforisa). e. form is to be braned by Mickey Voron, Vice President, and doted 1/at/te. f. Pticine number (219)5558310. If an input box does not require an eatry, leave it blank. When required, roumal amesnts to the nearest cent. Use rounded answers for subsequent. computations. Part 2: Determine your FUTA tax before adjustments, If any line does Not apply, leave it blank. 3 Total payments to all employees. Select: Retirement/Pension 5 Total of payments made to each employee in excess of $7,000 6 Subtotal (line 4+ line 5= line 6 ) 7. Total taxable FUTA wages (line 3 line 6= line 7). See instructions 8 FUTA tax before adjustments (line 70.006= line 8 ) Part 31 Determine your adjustments. If any line does NoT apply, leave it blank. 9 If ALL of the taxable FUTA wages you paid were excluded from state unemployment tax, multiply instructions. Enter the amount from line 7 of the worksheet . 11 If credit reduction applies, enter the total from Schedule A (form 940) Part 4: Determine your fura tax and balance due or overpayment. If any line does Nor apply, leave it blank. 12 Total FUTA tax after adjustments (lines 8+9+10+11= line 12)= 13 FUTA tax deposited for the year, including any overpayment applied Irom a prior vear. 14 Balance due. If line 12 is more than line 13 , enter the excess on line 14. - If line 14 is more than $500, ypu must deposit your tax. quarter, leave the line blank. Do you want to allow an employee, a paid tax preparer, or another person to discuss this return with the 18st see the instructions for details. Designee's name and phone number Select a 5-digit Personal Identification Number (PIN) to use when talking to IRS Sign here. You MUST fill out both pages of this form and SIGN it. knowledge and belief, it is true, correct, and complete, and that no part of any payment made to a wate anempioyertit fird dianyed at a crentit was, or is to be, deducted from the payments made to employees. Declaration of preparer fother than tavpayer) in tased an aif wiusmatina ahich preparer has any knowledge. Place an " X " in the box of EVERY state in which you had to pay state unemployment tax this year. For the U.S, Virgin Islands, ent FUTA taxable wages and the reduction rate (see page 2). Multiply the FUTA taxable wages by the reduction rate and enter the ce reduction amount. Don't include in the FUTA Taxable Wages box wages that were excluded from state unemployment tax fean wh

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