The first quarter tax return needs to be filed for Prevosti Farms and Sugarhouse by April 15, 2020. For the purpose of the taxes, assume the second February payroll amounts were duplicated for the March 6 and March 20 payroll periods and the new benefit elections went into effect as planned. The form was completed and signed on April 10, 2020. Benefit Information Except Federal FICA Health Insurance Yes Yes Life Insurance Yes Yes Long-term Care Yes Yes FSA Yes Yes 401(k) Yes No Gym No No Owner's name: Toni Prevosti Address: 820 Westminster Road, Bridgewater, VT 05520. Phone: 802-555-3456 Number of employees: 8 Gross quarterly wages: $40,344.25 Federal income tax withheld: $1,210.00 401(k) contributions: $1,613.77 Insurance withheld: $5,245.00 Gym membership: $90.00 Monthly Deposits Month 1 Month 2 Month 31 Amount $ 0.00 $ 2,831.16 $ 3,762.92 to search Employer identification number (EIN) Name (not your trade name) Trade name (if any) Address 820 Number Bridgewater 22.6654454 Toni Prevosti Prevosti Farms and Sugarhouse Westminster Road Street City Foreign country name Suite or room number VT 05520 State (NN) ZIP code Foreign Postal code Foreign Province/county Read the separate instructions before you complete Form 941. Type or print within the boxes Part 1: Answer these questions for this quarter. 000 Report for this Quarter of 2020 (Check one.) January, February, March Apnt, May, June July, August, September October, November, December Instructions and pror-year forms are available at www.irs.gov/form941 Retul 1 Number of employees who received wages, tips, or other compensation for the pay period including: June 12 (Quarter 2), September 12 (Quarter 3), or December 12 (Quarter 4) 2 Wages, tips, and other compensation 3 Federal income tax withheld from wages, tips, and other compensation 4 If no wages, tips, and other compensation are subject to social security or Medicare tax Sa Taxable social security wages. Sat) Qualified sick leave wages Sa(i) Qualified family leave wages 8 34,695.48 942.00 ( Check and go to line 6. Column 1 Column 2 1,257.65 0.00 0.00 0124 155.95 x 0.062 0.00 x 0.062 0.00 n < Prev 1 of 1 Next > search Rain... ^ Se Add Column 2 from lines 5a, 5b, 6c, and 5d 5 Section 3121(g) Notice and Demand Tax due on unreported tips 6 Total taxes before adjustments. 7 Add Ines 3,50, and 51 Current quarter's adjustments for fractions of cents Current quarter's adjustments for sick pay Current quarter's adjustments for tips and group-term life insurance 10 Total taxes after adjustments. Combine Ines 6 through 9 11a Qualified small business payroll tax credit for increasing research activities. 11b Nonrefundable portion of credit for qualified sick and family leave wages from Worksheet 1 11c Nonrefundable portion of employee retention credit from Worksheet 1 (soe intructions) Return 195.28 0.00 1,137,28 0.10x 0.00 33 3 10 1,137.38 Attach Form 8914 11a 0.00 11b 0.00 11c 0.00 11d Total nonrefundable credits. 12 Total taxes after adjustments and credits. Add Enes 11a, 11b, and 11c Subtract line 11d from line 10 11d 0.00 12 1,137.38 13a Total deposits for this quarter, including overpayment applied from a prior quarter and overpayments applied from Form 941-X, 041-X (PR), 044-X, or 944-X (SP) fded in the current quarter 13 0.00 13b Deferred amount of the employer share of social security tax 1200 0.00 13c Refundable portion of credit for qualified sick and family leave wages from Worksheet 1 13d Refundable portion of employee retention credit from Worksheet 1 13e Total deposits, deferrals, and refundable credits. Add lines 134, 130, 13c, and 13d 131 Total advances received from filing Form(s) 7200 for the quarter 130 Total deposits, deferrals, and refundable credits less advances. 14 Balance due. If line 12 is more than line 13e, enter the difference and sen instructions 15 Overpayment. If line 13e is more than line 12, enter the difference 13c 0.00 13d 0.00 3000 136 0.00 13 0.00 Subtract line 13f from line 13e 130 0.00 14 1,137.38 Apply to next 0.00 Check one: Send a refund relum earch 0 Prev 1 of 1 Next > Rain