Question
Lidge Company of Texas (TX) pays its employees monthly. The following payroll information is for the second quarter of the year. WITHHOLDINGS EMPLOYER'S Wages OASDI
Lidge Company of Texas (TX) pays its employees monthly. The following payroll information is for the second quarter of the year.
WITHHOLDINGS EMPLOYER'S
Wages OASDI HI FIT OASDI HI
April $ 86,100 $ 3,616.20 $1,248.46 $ 9,650 $ 5,338.20 $1,248.45
May 92,500 3,885.00 1,341.26 10,005 5,735.00 1,341.25
June 73,400 3,082.80 1,064.30 8,995 4,550.80 1,064.30
Totals $252,000 $10,584.00 $3,654.02 $28,650 $15,624.00 $3,654.00
The number of employees on March 12 was 11.
Complete the following portion of Form 941 from the information presented in Problem above.
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