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Holton's Nursery has the following amounts listed on their Form 941: (Assume no Section 125 health insurance and that none of the employees had
Holton's Nursery has the following amounts listed on their Form 941: (Assume no Section 125 health insurance and that none of the employees had exceeded the Social Security wage base.) 2 Wages, tips, and other compensation 2 3 Federal income tax withheld from wages, tips, and other compensation 3 107,558.13 12,400.00 4 If no wages, tips, and other compensation are subject to social security or Medicare tax X Check and go to line 6. 8.27 5a Taxable social security wages Column 1 107,558.13 Column 2 0.124 = Sa (i) Qualified sick leave wages 0.062= 5a (il) Qualified family leave wages .. 5b Taxable social security tips 0.062 0.124= 5c Taxable Medicare wages & tips 5d Taxable wages & tips subject to Additional Medicare Tax withholding 107,558.13 0.029 = 0.009- What amount belongs in Column 2. Line 5c? O $6,668.60 O $1,559.59 $3.119.19
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