Prepare quarterly and annual payroll tax returns.

Make a current Form 940 (Employer's Annual Federal Unemployment (FUTA) Tax Return), using the information below.Please use the fillable PDF form located here:https://www.irs.gov/pub/irs-pdf/f940.pdf.

As the accountant for Runson Moving Company, you are preparing the company's annual return, Form 940 and Schedule A.Use the following information to complete both.

Address:423 Bristol Pike

Sacramento, CA94203-4523

EIN:00-0003793

The net FUTA tax liability for each quarter of 2018 are:

First$ 220.10

Second$ 107.60

Third$ 101.00

Fourth$56.10

Since the net FUTA tax liability did not exceed $500 until the 4^th quarter, the company was required to make its first deposit of FUTA taxes on January 31, 2019.Assume that the electronic payment was made on time.

a.One of the employees performs all of his duties in another state - Arizona.

b.Total payments made to employees during calendar year 2018:

California$102,310

Arizona$ 18,490

Total$ 120,800

c.Employer contributions in California into employees' 401(k) retirement plan: $3,500

d.Payments made to employees in excess of $ 7,000:$ 36,500 ($11,490 from Arizona and $25,010 from California.

e.Form is to be signed by Mickey Vixon, Vice President.

f.Phone number 219-555-8310