Required: Complete Form 941 for Prevosti Farms and Sugarhouse. Prevosti Farms and Sugarhouse was assigned EIN 22-6654454.

(The outer line with the blue highlight are the one to be solved)

The first quarter tax return needs to be filed for Prevosti Farms and Sugarhouse by April 15, 2017. For the purpose of the taxes, assume the second February payroll amounts were duplicated for the March 10 and March 24 payroll periods and the new benefit elections went into effect as planned. The form was completed and signed on April 10, 2017. Exclude: Benefit Information Health Insurance Life Insurance Long-term Care FSA 481(k) Gym Federal FICA Yes Yes Yes Yes No No Yes Yes Yes Yes Yes No Owner's name: Toni Prevosti Address: 820, Westminster Road, Bridgewater, VT, 05520. Phone: 802-555-3456 Number of Employees: 8 Quarterly wages: $42 427.77 Federal income tax withheld: $1,273.00 401(k) contributions: $1.69711 Insurance withheld: $5,516.00 Gym membership: $90.00 Monthly Deposits Month 1 Month 2 Month 3 Amount $ e.8e $ 2,969.94 $3,958.61 Requlrec: Complete Form 941 for Prevosti Farms and Sugarhouse. Prevosti Farms and Sugarhouse was assigned EIN 22-6654454. (NOTE): Instructlons on format cen be found on certaln cells withln the forms. Complete this question by entering your answers in the tabs below Page 1 of Form 941. (Round your answers to 2 decimal places.) Form 941 for 2017: Employer's QUARTERLY Federal Tax Return Department of the Treasury Internal Revenue Service 950117 OMB No. 1545-0029 Employer Identificatlon number (EIN) Name (not your trade name) Trade name (If any) Addreas Report for this Quarter 2017 (Check one.) oni Prevosti sti Farms and Sugarhouse stminster Road anuary, February, March April, May, June July, Auguet, September 20 ter VT 05520 October, November, December City Instructions and prior-year forms are avallable at www.lrs.govor941. relan Postal Code Read the separate Instructions before you complete Form 941. Type or print within the boxes Part 1: Answer these questions for this quarter 1 Number of employees who received wages, ips, or orher compensaion for the pay period including: Mar. 12 (Quarter 1), June 12 Quarier 2), Sept. 12 (Quarcer 3), or DeC. 12 (Quarter 4) 2 Wages, tipe, and other compensation 3 Federal Income tax withheld from wagee, tips, and other compensation 4 If no wages, tips, and other compensation are subject to soclal security or Medicare tax Check and go to lilne . Column 1 Column 2 5a Taxable social 8ecurity wage8 5b Taxabie social 9ecurity tips 5c Taxable Medicare wages & tipa 5d Taxabie wages & tips subject to Additional Medicare Tax x .124 x .124 x .029 x .009 0.00 0.00 0.00 0.00 withholding 5e Add Column 2 from llnee 5a, 5b, 5c, and 5d 5t Section 3121(q) Notice and Demand Tax due on unreported tips 6 Total taxes betore adjuetmenta. 7 Current quarter's adjuetments for fractions of cente Current quarter's adjustments for sick pay 3 Current quarter's adjuetments for tips and group-term llfe Inaurance 10 Total taxee after adjuatments 11 Qualifled amall business payroll tax credit for Increasing research activites. 12 Total taxes after adjuatments and credits. 13 Total deposite for this quarter, Including overpayment appliled from a prior quarter and overpayments applied from Form 941-X, 941- 5e 0.00 8ee Instructione) 51 Add llnes 3, 5e, and 5 0.00 Combine lines through 9 10 0.00 Attach Form 8974 Subtract line 11 from line 10 12 0.00 x (PR), 344-X S44- (PR), or 344-X (SP) nled In the current quarter 13 14 Balance due. It line 12 ls more than line 13, enter the ditference and see Instructions 14 0.00 Apply to next 15 Overpayment. f line 13 ls more than line 12, enter the difference check onereturn 0.00 end a refund. Prev 1of1 Next Page 2 of Form 941. (Round your answers to 2 decimal places.) Employer identification number (EIN) Name (not your trade name Toni Prevosti Part 2 If you are unsure about whether you are a monthly schedule depositor or a semiweekly schedule depoeltor, 88e section 11 of Pub. 15. Tell us about your deposit schedule and tax liability for this quarter. 16 Check one: O Line 12 on this return le lese t an S2.500 or line 12 ime 10 "the prior quarter was the tour quarter ot 2016) on e return for e pr or quartar was less than $2,500, and you did not Incur a $100,000 next-day depoelt obligation during the current quarter. If line 12 (line 10 it the prior quarter was the fourth quarter of 2016) for the prior quarter was less than $2.500 but Ine 12 on thls reurn ls 5100,000 o more, you must provide a record of your tederal tax llabillity If you are a monthly schedule depostor, complete the deposit schedule below; If you are a semlweekdy schedule depoeltor, attach Schedule (Form 941). Go to Part 3. You wers a monthly schedule deposltor for the entire quarter Enter your tax lablity for each montn and total llablity for the quarter then go to Part 3 Tax llabllity Month 1 Month 2 Month 3 Total ability for quarter You were a semiweekly schedule deposltor for any part of this quarter. Complete Scheduls B (Form 541). Report of Tax Llability for 0.00 Total must equal lIne 12 Semtweekly Schedule Depoeltors, and attach it to Form 941 Part 3: Tell us about your business. If a question does NOT apply to your business, leave it blank. 17 If your buainesa has closed or you stopped paying wagee Check here, and enter the final date you pald wages (mmiodyyyy) 18 If you are a aeasonal employer and you do not have to flle a return for every quarter of the year Part 4: Check here. May we speak with your third-party designee? Do you want to allow an employee, a pald tax preparer, or another person to diacuss this return with the IRS? See the Instructions for detalls. Deelgnee's name and phone number Select a 5-dign Personal Identification Number (PIN) to use when talking to IRS No. Part 5 Sign here. You MUST complete both pages of Form 941 and SIGN it. Under penaldee of perury, I declare that I have examined thie return, Including accompanylng schedules and statements, and to the best of my knowledge and beller, It ls true, correci, and complete. Declaration of preparer (oner than taxpayer) is based on all Information of which preparer has any knowiedge. Sign your name here Print your name here Toni Prevosti Print your title here Owner