many Number Clipboard Alignment Styles Font 18 D B E F G H K Ingram Heating & Cooling reports the following earnings and deductions for their employees for the 1st quarter of the year Total Federal State SS # Earnings Inc. Tax OASDI HI Inc. Tax Roy Bell 123-45-6789 10489.00 1211.00 650.32 152.09 18720 Karl Radek 234-56-7890 10477.00 1209.00 649 57 151.92 228 67 Marie Rossi 345-67-8900 10695.00 1131.00 663.09 155.08 191.49 John Scott 456-78-9999 10258.00 1170.00 636.00 148.74 228 67 City Total Net Inc. Tax Deductions Pay 220.27 2420.88 8068.12 220.02 2459.18 8017 82 224.60 2365 26 8329.74 215.42 2398 83 7859.17 2013.41 2010.49 1949.17 1954.74 1st quarter totals 41919.00 4721.00 2598.98 607.83 836.03 880.31 9644.15 32274.85 Requirements: Use the forms attached. Attach document with calculations for partial credit. 1. Prepare the quarterly Form 941 (26 Points) Monthly 941 liabilities: Jan $3,565 10. Feb $3,615.70, March $3,953 82 Monthly deposits for the quarter were: $3,556 10. Feb. $3,615.70, March $3,953.82 Do not worry about their EIN Number or Address 2. Prepare the quarterly SUTA Form. See rate on form provided. (8 points) 3. Prepare the annual Form 940. (16 Points) Assume that the second, third, and the fourth quarter earnings are the same as the 1st qtr above for each employee Assume all Ohio SUTA contributions were made timely They did not make any FUTA deposits this year Sheet1 Sheet2 Sheet3 many Number Clipboard Alignment Styles Font 18 D B E F G H K Ingram Heating & Cooling reports the following earnings and deductions for their employees for the 1st quarter of the year Total Federal State SS # Earnings Inc. Tax OASDI HI Inc. Tax Roy Bell 123-45-6789 10489.00 1211.00 650.32 152.09 18720 Karl Radek 234-56-7890 10477.00 1209.00 649 57 151.92 228 67 Marie Rossi 345-67-8900 10695.00 1131.00 663.09 155.08 191.49 John Scott 456-78-9999 10258.00 1170.00 636.00 148.74 228 67 City Total Net Inc. Tax Deductions Pay 220.27 2420.88 8068.12 220.02 2459.18 8017 82 224.60 2365 26 8329.74 215.42 2398 83 7859.17 2013.41 2010.49 1949.17 1954.74 1st quarter totals 41919.00 4721.00 2598.98 607.83 836.03 880.31 9644.15 32274.85 Requirements: Use the forms attached. Attach document with calculations for partial credit. 1. Prepare the quarterly Form 941 (26 Points) Monthly 941 liabilities: Jan $3,565 10. Feb $3,615.70, March $3,953 82 Monthly deposits for the quarter were: $3,556 10. Feb. $3,615.70, March $3,953.82 Do not worry about their EIN Number or Address 2. Prepare the quarterly SUTA Form. See rate on form provided. (8 points) 3. Prepare the annual Form 940. (16 Points) Assume that the second, third, and the fourth quarter earnings are the same as the 1st qtr above for each employee Assume all Ohio SUTA contributions were made timely They did not make any FUTA deposits this year Sheet1 Sheet2 Sheet3
