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Karen Kluster opened Lube and Wash on January 2 , 2 0 - - . The business is subject to FICA taxes. At the end

Karen Kluster opened Lube and Wash on January 2,20--. The business is subject to FICA taxes. At the end of the first quarter of 20--, Kluster, as a president of the company, must file Form 941, Employer's QUARTERLY Federal Tax Return.
Employer's address: 234 Oak, Austin, TX 78711-0234
Employer's ID number: 00-0005874
Phone number: (512)5551111
Date filed: April 30,20--
Each employee is paid semimonthly on the 15th and last day of each month. Shown below is the payroll information for the first quarter of 20--. All pay periods were the same.
PAYROLL INFORMATION FOR JANUARYMARCH
Employee
SSN
Quarterly
Wage
OASDI
Tax
HI Tax Federal
Income
Tax
Total
Deductions
Net Pay
Paul Purson 000-00-7233 $12,000.00 $744.00 $174.00 $1,260.00 $2,178.00 $9,822.00
Matt Dirkson 000-00-845112,600.00781.20182.701,200.002,163.9010,436.10
Joan Howard 000-00-366812,500.00775.02181.261,080.002,036.2810,463.72
Dorrie Smith 000-00-652710,800.00669.60156.601,140.001,966.208,833.80
Totals $47,900.00 $2,969.82 $694.56 $4,680.00 $8,344.38 $39,555.62
Employer's FICA taxes $2,969.80 $694.55
for the quarter OASDI HI

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