Question
Lauprechta Incorporated has the following employees on payroll: Semimonthly Payroll Number of Dependents from Form W-4 Marital Status Naila $ 6,000 3 Married Wilfred $
Lauprechta Incorporated has the following employees on payroll: Semimonthly Payroll Number of Dependents from Form W-4 Marital Status Naila $ 6,000 3 Married Wilfred $ 5,300 2 Married Byron $ 3,900 0 Single Annie $ 4,500 1 Single Assume that the employer uses the percentage method table for a manual payroll system. Required: Prepare Form 941 including Schedule B for the first quarter of 2021. Assume that the payroll is consistent every pay period beginning in January through March 31, that pay days are the 15th and the last day of the month, and that all tax deposits were made on a timely basis as required. Lauprechta Incorporated's Employer Identification Number (EIN) is 36-1238975, and its address is 1825 Elkhart Way, Columbus, GA 31904. Assume the company made no provisions for COVID-19 changes in the first quarter. Use percentage method tables for a manual payroll systems. Note: Instructions can be found on certain cells within the forms. Round your intermediate computations and final answers to nearest 2 decimal places.
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