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Lauprechta Inc. has the following employees on payroll: Semimonthly Withholding Marital Payroll Allowances Status Naila $5,800 3 Married Wilfred $5,000 2 Married Byron $3,600 0

Lauprechta Inc. has the following employees on payroll:

Semimonthly Withholding Marital

Payroll Allowances Status

Naila $5,800 3 Married

Wilfred $5,000 2 Married

Byron $3,600 0 Single

Annie $4,200 1 Single

Employee

Federal Withholding Tax

Social Security Tax

Medicare Tax

Total Taxes Withheld

Naila

Wilfred

Byron

Annie

Tax Return Problem

Use the information from the problem above (you completed this problem in our homework this week). Prepare Form s 940 for 2020. Assume that Lauprechta Inc. has timely paid all amounts due to the state unemployment fund (assume a total amount of $3,471) and that the payroll was consistent throughout the entire year. No FUTA deposits were made during the year.

Also prepare Form 941 including Schedule B for the second quarter of 2020. Assume that the payroll is consistent every pay period beginning in April through June 30 and that all tax deposits were made on a timely basis as required. Lauprechta Inc.s Employer Identification Number (EIN) is 36-1238975, and its address is 1825 Elkhart Way, Columbus, GA 31904.

NOTE: There seems to be a flaw in the IRS website and doesn't allow you to download the 2020 form 941. I searched on 2019 form 1941. It is the same, so you can use that form for this assignment.

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