Please help.

Lauprechta Incorporated has the following employees on payroll: Assume that the employer uses the percentage method table for a manual payroll system. Requlred: Prepare Form 940 for 2021. No FUTA deposits were made during the year. Lauprechta Incorporated's Employer Identlfication Number (EIN) Is 36-1238975, and Its address is 1825 Elkhart Way, Columbus, GA 31904. Assume that Lauprechta Incorporated has timely pald all amounts due to the state unemployment fund (assume a total amount of $3,471 ) and that the payroll was consistent throughout the entlre year. Note: Instructions can be found on certain cells within the forms. Answer is not complete. Prepare Form 940, Employer's Annual Federal Unemployment (FUTA) Tax Return. \begin{tabular}{l} Number Street \\ \begin{tabular}{|l|c|c|} \hline Columbus & GA & \multicolumn{1}{c|}{Surteorroomnumber} \\ \hline City & \multicolumn{3}{|c|}{ State (NV) } & ZIP code \\ \hline & & 31904 \\ \hline \end{tabular} \\ \hline \end{tabular} d. Final: Business closed or stopped paying wages Go to www.irs.gowForm 940 for instructions and the latest information. Read the separate instructions before you complete this form. Please type or print within the boxes. Part 1: Tell us about your return. If any line does NOT apply, leave it blank. See instructions before completing Part 1. 1a If you had to pay state unemployment tax in one state only, enter the state abbreviation (In Capital Letters) 1b If you had to pay state unemployment tax in more than one state, you are a multi-state employer, check here 2 If you paid wages in a state that is subject to CREDIT REDUCTION, check here 1a 1b 2 Determine your FUTA tax before adjustments. If any line does NOT apply, leave it blank. Part 2: 3 Total payments to all employees 4 Payments exempt from FUTA tax Check all that apply: 5 Total of payments made to each employee in excess of $7,000 6 Subtotal 7 Total taxable FUTA wages 8 FUTA tax before adjustments (Ine 3 - line 6= line 7 ) (see instructions) ( (ine 70.006= line 8) Determine your adjustments. If any line does NOT apply, leave it blank. Part 3: (line 4+ line 5= line 6 ) 43. Fringe benefits 4b. Group-term life insurance If ALL of the taxable FUTA wages you paid were excluded from state unemployment tax, multiply line 7 by 0.054 (Ine 70.054= line 9 ). Go to line 12 10 If SOME of the taxable FUTA wages you paid were excluded from state unemployment tax, OR you paid ANY state unemployment tax late (after the due date for filing Form 840), complete the worksheet in the instructions. Enter the amount from line the worksheet 11 If credit reduction applies, enter the total from Schedule A (Form 940) Complete Schedule A (Form 940). THIS FORM IS A SIMULATION OF AN OFFICIAL U.S. TAX FORM. IT IS NOT THE OFFICIAL FORM IT SELF. DO NOT USE THIS FORM FOR TAX FILINGS OR FOR ANY PURPOSE OTHER THAN EDUCATIONAL. \& 2022 McGraw-Hill Education. 940 PG 2 Page 2 of Form 940. Part 5: Report your FUTA tax liability by quarter only if line 12 is more than $500. If not, go to Part 6 . 16 Report the amount of your FUTA tax liability for each quarter; do NOT enter the amount you deposited. If you had no liability for a quarter, leave the line blank. 16 1st quarter (January 1 - March 31) 16b 2nd quarter (April 1 - June 30) 16 c 3rd quarter (July 1 - September 30) 16d 4th quarter (October 1 - December 31) 17 Total tax liability for the year (lines 16a+16b+16c+16d= line 17) 16a 16b 16c 16d 17 May we speak with your third-party designee? Part 6: May we speak with your third-party designee? Do you want to allow an employee, a paid tax preparer, or another person to discuss this return with the IRS? See the instructions for details. Yes. Designee's name and phone number Select a 5-digit personal identification number (P|N) to use when talking to the IRS. No. Part 7: Sign here. You MUST complete both pages of this form and SIGN it. Under penalties of pejury, I declare that I have examined this retum, including accompanying schedules and statements, and to the best of my knowledge and belef, it is true, correct, preparer (other than taxpayer) is based on all information of which preparer has any knowledge. Preparer's name Preparer's signature Firm's name (or yours if self-employed) Address City Sign your name here Date (mm/dd/yyyy) Paid Preparer Use Only Page 2 Print your name here Print your title here Best daytime phone (xcox-oox-1000x) Check if you are self-employed PTIN Date (mm/dd/yyyy) EIN Phone ZIIP code Form 940 (2021) THIS FORM ISA SIMULATION OF AN OFFICIAL U.S. TAX FORM. IT IS NOT THE OFFICIAL FORM IT SELF. DO NOT USE THIS FORM FOR TAX FILINGS OR FOR ANY PURPOSE OTHER THAN EDUCATIONAL. 2022 McGraw-Hill Education. Lauprechta Incorporated has the following employees on payroll: Assume that the employer uses the percentage method table for a manual payroll system. Requlred: Prepare Form 940 for 2021. No FUTA deposits were made during the year. Lauprechta Incorporated's Employer Identlfication Number (EIN) Is 36-1238975, and Its address is 1825 Elkhart Way, Columbus, GA 31904. Assume that Lauprechta Incorporated has timely pald all amounts due to the state unemployment fund (assume a total amount of $3,471 ) and that the payroll was consistent throughout the entlre year. Note: Instructions can be found on certain cells within the forms. Answer is not complete. Prepare Form 940, Employer's Annual Federal Unemployment (FUTA) Tax Return. \begin{tabular}{l} Number Street \\ \begin{tabular}{|l|c|c|} \hline Columbus & GA & \multicolumn{1}{c|}{Surteorroomnumber} \\ \hline City & \multicolumn{3}{|c|}{ State (NV) } & ZIP code \\ \hline & & 31904 \\ \hline \end{tabular} \\ \hline \end{tabular} d. Final: Business closed or stopped paying wages Go to www.irs.gowForm 940 for instructions and the latest information. Read the separate instructions before you complete this form. Please type or print within the boxes. Part 1: Tell us about your return. If any line does NOT apply, leave it blank. See instructions before completing Part 1. 1a If you had to pay state unemployment tax in one state only, enter the state abbreviation (In Capital Letters) 1b If you had to pay state unemployment tax in more than one state, you are a multi-state employer, check here 2 If you paid wages in a state that is subject to CREDIT REDUCTION, check here 1a 1b 2 Determine your FUTA tax before adjustments. If any line does NOT apply, leave it blank. Part 2: 3 Total payments to all employees 4 Payments exempt from FUTA tax Check all that apply: 5 Total of payments made to each employee in excess of $7,000 6 Subtotal 7 Total taxable FUTA wages 8 FUTA tax before adjustments (Ine 3 - line 6= line 7 ) (see instructions) ( (ine 70.006= line 8) Determine your adjustments. If any line does NOT apply, leave it blank. Part 3: (line 4+ line 5= line 6 ) 43. Fringe benefits 4b. Group-term life insurance If ALL of the taxable FUTA wages you paid were excluded from state unemployment tax, multiply line 7 by 0.054 (Ine 70.054= line 9 ). Go to line 12 10 If SOME of the taxable FUTA wages you paid were excluded from state unemployment tax, OR you paid ANY state unemployment tax late (after the due date for filing Form 840), complete the worksheet in the instructions. Enter the amount from line the worksheet 11 If credit reduction applies, enter the total from Schedule A (Form 940) Complete Schedule A (Form 940). THIS FORM IS A SIMULATION OF AN OFFICIAL U.S. TAX FORM. IT IS NOT THE OFFICIAL FORM IT SELF. DO NOT USE THIS FORM FOR TAX FILINGS OR FOR ANY PURPOSE OTHER THAN EDUCATIONAL. \& 2022 McGraw-Hill Education. 940 PG 2 Page 2 of Form 940. Part 5: Report your FUTA tax liability by quarter only if line 12 is more than $500. If not, go to Part 6 . 16 Report the amount of your FUTA tax liability for each quarter; do NOT enter the amount you deposited. If you had no liability for a quarter, leave the line blank. 16 1st quarter (January 1 - March 31) 16b 2nd quarter (April 1 - June 30) 16 c 3rd quarter (July 1 - September 30) 16d 4th quarter (October 1 - December 31) 17 Total tax liability for the year (lines 16a+16b+16c+16d= line 17) 16a 16b 16c 16d 17 May we speak with your third-party designee? Part 6: May we speak with your third-party designee? Do you want to allow an employee, a paid tax preparer, or another person to discuss this return with the IRS? See the instructions for details. Yes. Designee's name and phone number Select a 5-digit personal identification number (P|N) to use when talking to the IRS. No. Part 7: Sign here. You MUST complete both pages of this form and SIGN it. Under penalties of pejury, I declare that I have examined this retum, including accompanying schedules and statements, and to the best of my knowledge and belef, it is true, correct, preparer (other than taxpayer) is based on all information of which preparer has any knowledge. Preparer's name Preparer's signature Firm's name (or yours if self-employed) Address City Sign your name here Date (mm/dd/yyyy) Paid Preparer Use Only Page 2 Print your name here Print your title here Best daytime phone (xcox-oox-1000x) Check if you are self-employed PTIN Date (mm/dd/yyyy) EIN Phone ZIIP code Form 940 (2021) THIS FORM ISA SIMULATION OF AN OFFICIAL U.S. TAX FORM. IT IS NOT THE OFFICIAL FORM IT SELF. DO NOT USE THIS FORM FOR TAX FILINGS OR FOR ANY PURPOSE OTHER THAN EDUCATIONAL. 2022 McGraw-Hill Education