Note- This is 1 question, has parts 941 pg1,pg-2, schd B. Pictures are not blur, please zoom if needed
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.
(Rexv. March 2021) Departunent of the Truasury - Internal Revente Service Read the separate instrucfions before you complete this form. Please bype ar print within the boxes. Name (not your trade narre) Employer identification number (EIN) 36-1238975 Report of Tax Liability for Semiweekly Schedule Depositors OMB No. 1545.0029 Report for this Quarter.. (Check one) \begin{tabular}{|l|} \hline 1. Jaruary, Feruary, March \\ 2. Apri, May, June \\ 3) July, August, Sepleriber \\ 4- Oclaber, Navember, Decentber \\ \hline \end{tabular} Uae this achedule to ahow your TAX LIABILITY for the quarter; don't uae it to show your depoelta. When you fille thile form with Form 941 or Form 941$S, don't change your tax llabillty by adj jatmente reported on any Forme 941X or 944x. You muat fill out thils form and attach it to Form 941 or Form 94155 if you're a gem weekly echedule depoaltor or became one because your accumulated tax llablity on any day was \$\$100,000 or more. Write your dally tax llabillty on the numbered apace that correaponds to the date wagea were pald. See section 11 In Pub. 15 for detalla. Fil in your intal Fabality for the cuarter (Month 1+ Manth 2+ Manth 3) Total must equal Ine 12 on Form 941 or Form 941-\$S. (Rexv. March 2021) Departunent of the Truasury - Internal Revente Service Read the separate instrucfions before you complete this form. Please bype ar print within the boxes. Name (not your trade narre) Employer identification number (EIN) 36-1238975 Report of Tax Liability for Semiweekly Schedule Depositors OMB No. 1545.0029 Report for this Quarter.. (Check one) \begin{tabular}{|l|} \hline 1. Jaruary, Feruary, March \\ 2. Apri, May, June \\ 3) July, August, Sepleriber \\ 4- Oclaber, Navember, Decentber \\ \hline \end{tabular} Uae this achedule to ahow your TAX LIABILITY for the quarter; don't uae it to show your depoelta. When you fille thile form with Form 941 or Form 941$S, don't change your tax llabillty by adj jatmente reported on any Forme 941X or 944x. You muat fill out thils form and attach it to Form 941 or Form 94155 if you're a gem weekly echedule depoaltor or became one because your accumulated tax llablity on any day was \$\$100,000 or more. Write your dally tax llabillty on the numbered apace that correaponds to the date wagea were pald. See section 11 In Pub. 15 for detalla. Fil in your intal Fabality for the cuarter (Month 1+ Manth 2+ Manth 3) Total must equal Ine 12 on Form 941 or Form 941-\$S
