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Required information [The following information applies to the questions alsplayed below.] Veryclear Glassware is a new business owned by Skyler Peoples, the company president. Skyler's
Required information [The following information applies to the questions alsplayed below.] Veryclear Glassware is a new business owned by Skyler Peoples, the company president. Skyler's first year of operation commenced on January 1, 2022. EIN: \\( 78-7654398 \\) Address: 23051 Old Redwood Highway, Sebastopol, Calfornla, 95482, phone 707-555-5555 Number of employees: 13 Wages, tlps, and other compensation pald during the first quarter of \\( 2022: \\$ 299,423 \\) Income tax withheld from employees: \\( \\$ 59,884.60 \\) Soclal Security tax withheld from employees: \\$18,564.23 Medicare tax withheld from employees: \\( \\$ 4,341.63 \\) Required: Complete the following Form 941 for the first quarter of 2022. Note: Instructions on format can be found on certaln cells within the forms. Page 1 of Form 941. Note: Round your final answers to 2 decimal places. Form 941 for 2022: \\( \\quad \\) Employer's QUARTERLY Federal Tax Return (Rev. March 12, 2022) Department of the Transury - Intamal Revenue Service. 950121 OMB Na. 1545 . Read the seperate instructions before you somplete this form. Plesae type or print within the boxes. Part 1: \\( \\quad \\) Answer these questions for this quarter. 1 Number of employes who recelved wages, thes, or other compensatlon for the pay perlod including: Mar. 12 (Quarter 1), June 12 (Quarter 2), sept 12 (Quarter 3), or Dec. 12 (Quartar 4) 2 Wagas, tipe, and other oompancation 8 Faderal Inoome tax withhald from wagec, tipe, and other oompencation 4 If no wapoc, tipc, and other compencation are cubjact to coolal coourity or Madioare tax 4 If no wagec, tlpe, and other eompencation are cubjact to coolal coourity or Madloare tax. Cheok and go to line a. 6a Taxable coolal coourity wagec 6a fi) Quallfled slok loave wagec 5a (ii) Quallited famlly loavo wages 6b Tarable soolal coourity tips 6o Taxable Modloare wapec \\& tips 6d Tasable wagec \\& tipe cubjoot to Additional Madloare Tax. withholding 60 Total coolal coourity and Madioars taxec Add Column 2 from llinec 6a, 5a(1), 6a(11), 6b, 6o, and 6d 6f acotion 3121(q) Notioo and Demand - Tax dus on unreported tipe Column 1 B Total taxec bafore adjustmente. 7 Current quarter'c sdluctensent for fraotionc of esnte 8 Current quarter'c sdluctment for clok pay B Current quarter'c adjuctmentc for tlpe and group-tarm life lincuranoo 10 Total tasec after adjuctmente. 11a Gualifiad cmall bucinace payroll tax oradit for inorsacing recoaroh astivitiec. \\( 11 b \\) Nonrafundable portion of oredit for quallfiad clok and famlly losvo wagas from Workchast 1 110 Nonrofundable portion of employas retention oredit from Work cheet 1 11d Total nonrafundable oredite. 12 Total taxec after adjuctenente and nonrefundable oredite. 13a Total depocite for thic quartar, Inoluding ovarpayment appliad from a prior quartar and ovorpayments appllad from Form B41. \\( X \\), 841-X (PR), 844-X, or 844-X (aP) filad in the ourront quarter 13b Recervod for future uco 130 Rafundable portion of oredit for qualified slok and famlly leavo wagec from Workshest 1 18d Refundable portion of employas retention orbdit from Workchest 1 180 Total depocite and refundable oredite. 13f Total advanoec rooolved from filling Form[c] 7200 for the quarter 130 Total depocite and refundable oradite lace advanoes. 14 Balanoo due. If line 12 is mare than line \\( 13 \ ho \\), enter the diference and son 16 inatructions Overpayment. [see instructions] Attach Form 8974 Column 2 \\begin{tabular}{|r|} \\hline 15.25 \\\\ \\hline 0.00 \\\\ \\hline 0.00 \\\\ \\hline 0.00 \\\\ \\hline 3.57 \\\\ \\hline 0.00 \\\\ \\hline \\end{tabular} You MU BT complete both pagac of Form B41 and sieN it. Required information [The following information applies to the questions alsplayed below.] Veryclear Glassware is a new business owned by Skyler Peoples, the company president. Skyler's first year of operation commenced on January 1, 2022. EIN: \\( 78-7654398 \\) Address: 23051 Old Redwood Highway, Sebastopol, Calfornla, 95482, phone 707-555-5555 Number of employees: 13 Wages, tlps, and other compensation pald during the first quarter of \\( 2022: \\$ 299,423 \\) Income tax withheld from employees: \\( \\$ 59,884.60 \\) Soclal Security tax withheld from employees: \\$18,564.23 Medicare tax withheld from employees: \\( \\$ 4,341.63 \\) Required: Complete the following Form 941 for the first quarter of 2022. Note: Instructions on format can be found on certaln cells within the forms. Page 1 of Form 941. Note: Round your final answers to 2 decimal places. Form 941 for 2022: \\( \\quad \\) Employer's QUARTERLY Federal Tax Return (Rev. March 12, 2022) Department of the Transury - Intamal Revenue Service. 950121 OMB Na. 1545 . Read the seperate instructions before you somplete this form. Plesae type or print within the boxes. Part 1: \\( \\quad \\) Answer these questions for this quarter. 1 Number of employes who recelved wages, thes, or other compensatlon for the pay perlod including: Mar. 12 (Quarter 1), June 12 (Quarter 2), sept 12 (Quarter 3), or Dec. 12 (Quartar 4) 2 Wagas, tipe, and other oompancation 8 Faderal Inoome tax withhald from wagec, tipe, and other oompencation 4 If no wapoc, tipc, and other compencation are cubjact to coolal coourity or Madioare tax 4 If no wagec, tlpe, and other eompencation are cubjact to coolal coourity or Madloare tax. Cheok and go to line a. 6a Taxable coolal coourity wagec 6a fi) Quallfled slok loave wagec 5a (ii) Quallited famlly loavo wages 6b Tarable soolal coourity tips 6o Taxable Modloare wapec \\& tips 6d Tasable wagec \\& tipe cubjoot to Additional Madloare Tax. withholding 60 Total coolal coourity and Madioars taxec Add Column 2 from llinec 6a, 5a(1), 6a(11), 6b, 6o, and 6d 6f acotion 3121(q) Notioo and Demand - Tax dus on unreported tipe Column 1 B Total taxec bafore adjustmente. 7 Current quarter'c sdluctensent for fraotionc of esnte 8 Current quarter'c sdluctment for clok pay B Current quarter'c adjuctmentc for tlpe and group-tarm life lincuranoo 10 Total tasec after adjuctmente. 11a Gualifiad cmall bucinace payroll tax oradit for inorsacing recoaroh astivitiec. \\( 11 b \\) Nonrafundable portion of oredit for quallfiad clok and famlly losvo wagas from Workchast 1 110 Nonrofundable portion of employas retention oredit from Work cheet 1 11d Total nonrafundable oredite. 12 Total taxec after adjuctenente and nonrefundable oredite. 13a Total depocite for thic quartar, Inoluding ovarpayment appliad from a prior quartar and ovorpayments appllad from Form B41. \\( X \\), 841-X (PR), 844-X, or 844-X (aP) filad in the ourront quarter 13b Recervod for future uco 130 Rafundable portion of oredit for qualified slok and famlly leavo wagec from Workshest 1 18d Refundable portion of employas retention orbdit from Workchest 1 180 Total depocite and refundable oredite. 13f Total advanoec rooolved from filling Form[c] 7200 for the quarter 130 Total depocite and refundable oradite lace advanoes. 14 Balanoo due. If line 12 is mare than line \\( 13 \ ho \\), enter the diference and son 16 inatructions Overpayment. [see instructions] Attach Form 8974 Column 2 \\begin{tabular}{|r|} \\hline 15.25 \\\\ \\hline 0.00 \\\\ \\hline 0.00 \\\\ \\hline 0.00 \\\\ \\hline 3.57 \\\\ \\hline 0.00 \\\\ \\hline \\end{tabular} You MU BT complete both pagac of Form B41 and sieN it
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