Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Need help figuring wages, social security wages, medicare, and state wages: Leda, Incorporated is located at 4 3 3 Augusta Road, Caribou, Maine, 0 4

Need help figuring wages, social security wages, medicare, and state wages:
Leda, Incorporated is located at 433 Augusta Road, Caribou, Maine, 04736, phone number 207-555-1212. The Federal EIN is 54-3910394, and it has a Maine Revenue Services number of 3884019.
Owner Kieran Leda has asked you to prepare Form W-2 for each of the following employees of Leda, Incorporated as of December 31,2022.
Name and Address Payroll information
Nova C. Niehaus
122 Main Street, #3
Caribou, ME 04736
SSN: 477-30-2234
Dependent Care Benefit: $1,930.00
Total 2022 wages: $34,833.53
401(k) contribution: $1,069.06
Section 125 contribution: $1,630.00
Federal income tax withheld: $2,022.27
Social Security tax withheld: $2,058.62
Medicare tax withheld: $481.45
State Income tax withheld $1,863.80[The following information applies to the questions displayed below.]
Leda, Incorporated is located at 433 Augusta Road, Caribou, Maine, 04736, phone number 207-555-1212. The Federal EIN
is 54-3910394, and it has a Maine Revenue Services number of 3884019.
Required:
Owner Kieran Leda has asked you to prepare Form W-2 for each of the following employees of Leda, Incorporated as of December 31,
image text in transcribed

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Management Accounting For Business

Authors: Colin Drury, Mike Tayles

8th Edition

1473778808, 978-1473778801

More Books

Students also viewed these Accounting questions

Question

What does SMART stand for? (p. 86)

Answered: 1 week ago

Question

2. What is the meaning and definition of Banking?

Answered: 1 week ago

Question

3.What are the Importance / Role of Bank in Business?

Answered: 1 week ago

Question

11.1 Explore the role of labor unions.

Answered: 1 week ago

Question

11.3 Discuss laws affecting collective bargaining.

Answered: 1 week ago