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) 555-1111 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 JANUARY-MARCH Federal Quarterly OASDI Income Total Employee SSN Wage Tax HI Tax Tax Deductions Net Pay Paul Purson 000-00-7233 $4,625.00 $286.75 $67.06 $361.00 $714.81 $3,910.19 Matt Dirkson 000-00-8451 8,055.00 499.41 116.80 959.00 1,575.21 6,479.79 Joan Howard 000-00-3668 8,570.00 531.34 124.27 1,083.00 1,738.61 6,831.39 Dorrie Smith 000-00-6527 10,195.00 632.09 147.83 1,133.00 1,912.92 8,282.08 Totals $31,445.00 $1,949.59 $455.96 $3,536.00 $5,941.55 $25,503.45 Employer's FICA taxes $1,949.59 $455.95 for the quarter OASDI HIThe total taxes per payday are: Employees' FICA TaxOASDI $324.93 Employer's FICA TaxOASDI 324.93 Employees' FICA TaxiHI 75.99 Employer's FICA TaxHI 75.99 Em ployees' FIT 589.33 Total 51,391.17 x 5 paydays = 58,347.02 In deposits for the quarter None of the employees reported tips during the quarter. Using Form 941 belowr prepare the return on the basis of the information shown above. Note: Lines 5a and St of Form |341. tax on total taxable wages. are computed by multiplying by the combined tax rate for both employer and employee. Small differences due to rounding may occur between this total and the total taxes withheld from employees each pay period and the amount of the employer's taxes calculated each pay period. This difference is reported on line 7 as a deduction or an addition as "Fractions of Cents." Use minus sign to indicate a deduction. It line 7 is zero, for grading purposes only, enler a zero. Assume that company deposits taxes on monthly basis. Hint: Line 7 instructions. Fill in Form 941 through line 6. and then fill in Part 2. line 16 or Schedule B. Take that information and ll in line 10. Lines 5 and 10 must equal. If the amounts are not the same, correct by entering amount to make equal on line 7. Line ? differences are caused by how calculations are made on Form 941 and the amounts withheld from employee's earning plus the employer's payroll tax amounts each pay period. Form 941 for 20--: Employer's QUARTERLY Federal Tax Return (Rev. March 2022) Department of the Treasury - Internal Revenue Service OMB No. 1545-0025 Employer identification number (EIN) 0 0 0 0 0 5 8 7 4 Report for this Quarter of 20- (Select one.) Name (not your trade name) KAREN KLUSTER January, February, March Trade name (if any) LUBE AND WASH Go to www.irs.gov/Form941 for instructions and the latest information. Address 234 OAK Number Street Suite or room number AUSTIN TX 78711-0234 City State ZIP code Foreign country name Foreign province/county Foreign postal code Read the separate instructions before you complete Form 941. Type or print within the boxes. Part 1: Answer these questions for this quarter. 1 Number of employees who received wages, tips, or other compensation for the pay period including: Mar. 12 (Quarter 1) . . . 2 Wages, tips, and other compensation . 2 31,445.00 3 Federal income tax withheld from wages, tips, and other compensation . . 3 4 If no wages, tips, and other compensation are subject to social security or Medicare tax Check and go to line 6. Column 1 Column 2 5a Taxable social security wages . . . . . . . x 0.124 = 5a (i) Qualified sick leave wages . . . . . . . . x 0.062 = 5a (ii) Qualified family leave wages . . . . . . . . x 0.062 = 5b Taxable social security tips . . x 0.124 = 5c Taxable Medicare wages & tips . . . . . . . x 0.029 =5d Taxable wages & tips subject to x 0.009 = Additional Medicare Tax withholding 5e Total social security and Medicare taxes. Add Column 2 from lines 5a, 5a(i), 5a(ii), 5b, 50, and 5d . . . . . . . . 5e 5f Section 3121(q) Notice and Demand-Tax due on unreported tips (see instructions) . . . . . . " . . . . . . . . . 5f 6 Total taxes before adjustments. Add lines 3, 5e, and 5f . . . . . . . . . . 6 7 Current quarter's adjustment for fractions of cents . . . . . . . . . . . . . 8 Current quarter's adjustment for sick pay . . . . . 9 Current quarter's adjustments for tips and group-term life insurance 9 10 Total taxes after adjustments. Combine lines 6 through 9 . . . . . 10 1la Qualified small business payroll tax credit for increasing research activities. Attach Form 8974 . . . . . . . 11 11b Nonrefundable portion of credit for qualified sick and family leave wages for leave taken before 11b April 1, 2021 . . . . . 11c Reserved for future use . 11c You MUST complete all three pages of Form 941 and SIGN it. Next - For Privacy Act and Paperwork Reduction Act Notice, see the back of the Payment Voucher. Cat. No. 170017 Form 941 (Rev. 3-2022) Name (not your trade name) Employer identification number (EIN) KAREN KLUSTER 00-0005874 Part 1: Answer these questions for this quarter. (continued) 11d Nonrefundable portion of credit for qualified sick and family leave wages for leave taken after March 31, 2021, and before October 1, 2021 . . . . .. 11d 1le Nonrefundable portion of COBRA premium assistance credit (see instructions for applicable quarter) 1le 1if Number of individuals provided COBRA premium assistance 11g Total nonrefundable credits. Add lines 11a, lib, 11d, and lle . . . . . 11g 12 Total taxes after adjustments and nonrefundable credits. Subtract line 11g from line 10 . . .. 1211b Nonrefundable portion of credit for qualified sick and family leave wages for leave taken before 11b April 1, 2021 . . . . . . . 11c Reserved for future use . . 11c You MUST complete all three pages of Form 941 and SIGN it. Next - For Privacy Act and Paperwork Reduction Act Notice, see the back of the Payment Voucher. Cat. No. 17001Z Form 941 (Rev. 3-2022 Name (not your trade name) Employer identification number (EIN) KAREN KLUSTER 00-0005874 Part 1: Answer these questions for this quarter. (continued) 11d Nonrefundable portion of credit for qualified sick and family leave wages for leave taken after March 31, 2021, and before October 1, 2021 . . 11d 1le Nonrefundable portion of COBRA premium assistance credit (see instructions for applicable quarter) 1le 1if Number of individuals provided COBRA premium assistance 11g Total nonrefundable credits. Add lines 1la, 11b, 1id, and lle . . . . . . . . . 11g 12 Total taxes after adjustments and nonrefundable credits. Subtract line 11g from line 10 . . . . . . . . . . . . . 12 13a Total deposits for this quarter, including overpayment applied from a prior quarter and overpayments applied from Form 941-X, 941-X (PR), 944-X, or 944-X (SP) filed in the current quarter 13a 13b Reserved for future use . . " . . . 13b 13c Refundable portion of credit for qualified sick and family leave wages for leave taken before April 1, 2021 . 13c 13d Reserved for future use . . 13d 13e Refundable portion of credit for qualified sick and family leave wages for leave taken after March 31, 2021, and before October 1, 2021 . . . 13e 13f Refundable portion of COBRA premium assistance credit (see instructions for applicable quarter) . . 13f 13g Total deposits and refundable credits. Add lines 13a, 13c, 13e, and 13f . . . . . .... 13g 13h Reserved for future use . . . . . . . . 13h13h Reserved for future use . . 13h 13i Reserved for future use . . . . 13i 14 Balance due. If line 12 is more than line 13g, enter the difference and see instructions . . 14 15 Overpayment. If line 13g is more than line 12, enter the difference Check one: O Apply to next return. O Send a refund. Part 2: Tell us about your deposit schedule and tax liability for this quarter. If you're unsure about whether you're a monthly schedule depositor or a semiweekly schedule depositor, see section 11 of Pub. 15. 16 Check one: a. Line 12 on this return is less than $2,500 or line 12 on the return for the prior quarter was less than $2,500, and you didn't incur a $100,000 next-day deposit obligation during the current quarter. If line 12 for the prior quarter was less than $2,500 but line 12 on this return is $100,000 or more, you must provide a record of your federal tax liability. If you're a monthly schedule depositor, complete the deposit schedule below; if you're a semiweekly schedule depositor, attach Schedule B (Form 941). Go to Part 3. b. You were a monthly schedule depositor for the entire quarter. Enter your tax liability for each month and total liability for the quarter, then go to Part 3. Tax liability: Month 1 Month 2 Month 3 Total liability for quarter Total must equal line 12. c. You were a semiweekly schedule depositor for any part of this quarter. Complete Schedule B (Form 941), Report of Tax Liability for Semiweekly Schedule Depositors, and attach it to Form 941. Go to Part 3. You MUST complete all three pages of Form 941 and SIGN it. Next Page 2 Form 941 (Rev. 3-2022)Name (not your trade name) Employer identification number (EIN) KAREN KLUSTER 00-0005874 Part 3: Tell us about your business. If a question does NOT apply to your business, leave it blank. 17 If your business has closed or you stopped paying wages . . . . . . . Check here, and enter the final date you paid wages ; also attach a statement to your return. See instructions. 18 If you're a seasonal employer and you don't have to file a return for every quarter of the year . . . . . . . O Check here. 19 Qualified health plan expenses allocable to qualified sick leave wages for leave taken before April 1, 2021 . . 19 20 Qualified health plan expenses allocable to qualified family leave wages for leave taken before April 1, 2021 . . 20 21 Reserved for future use , 21 22 Reserved for future use . . . . 22 23 Qualified sick leave wages for leave taken after March 31, 2021, and before October 1, 2021 . 23 24 Qualified health plan expenses allocable to qualified sick leave wages reported on line 23 . . . . . . . . . 24 25 Amounts under certain collectively bargained agreements allocable to qualified sick leave wages reported on line 23 . . . . . . 25 . . . 26 Qualified family leave wages for leave taken after March 31, 2021, and before October 1, 2021 . . . . . . 26 27 Qualified health plan expenses allocable to qualified family leave wages reported on line 26 . . . . . . . . 27 28 Amounts under certain collectively bargained agreements allocable to qualified family leave wages reported on line 26 . . 28Part 4: May we speak with your third-party designee? Do you want to allow an employee, a paid tax preparer, or another person to discuss this return with the IRS? See the instructions for details. Designee's name and phone number Select a 5-digit Personal Identification Number (PIN) to use when talking to the IRS. Part 5: Sign here. You MUST complete all three pages of Form 941 and SIGN it. Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my