The first quarter tax return needs to be filed for Prevosti Farms and Sugarhouse by April 15, 2021. For the taxes, assume the second February payroll amounts were duplicated for the March 5 and March 19 payroll periods, and the new benefit elections went into effect. as planned. The form was completed and signed on April 9, 2021. Owner's name: Toni Prevosti Address: 820 Westminster Road, Bridgewater, VT 05520 . Phone: 802-555-3456 Number of employees: 8 Gross quarterly wages (Exclusive of Fringe benefits): $33,572.81 Federal income tax withheld: $1,007,00 401(k) contributions: $1,342.91 Section 125 withheid: $4,364,00 Gym membership: $90.00 Required: Required: Complete Form 941 for Prevosti Farms and Sugarhouse. Prevosti Farms and Sugarhouse was assigned EIN 226654454. -(NOTE): Instructions on format can be found on certain cells within the forms. Complete this question by entering your answers in the tabs below. 941PG1941PG2 Page 1 of Form 941. (Round your final answers to 2 decimal places.) Form 941 for 2021: Employer's QUARTERLY Federal Tax Return Department of the Treasury - interral Reverue Service 950120 Form 941 for 2021: Fobs the separate indituctiens betore yeu corngite Form e41. Tyce of perit within the bexel. Part 1: Answer these questions for this quarter. 1 Number of employees who recelved wages, Bips, or ether compencution for the poy perlod including fune 12 (Quarter 2). September 12 (Quarter 3 ) or December 12 (Quarter 4 ) 2 Wages, tipe, and ather compensation 3. Federal income tur withiheld trom wages, tips, and other compensation 4 It no wages, tps, and other compensation are subject to social cecurity or Medicare tax Check and ge te ine 6 . Sa Taxable social securty wages sapil Quakfied sick leave wages Se() Qualified family leme wages So Taxable soelal security tips sc texuble Medieare wages 8 tipe Column 1 column 2 So Texatie wages s tipe oubject to Addeionai Medicare Tax whiholding Se Totel soelal security and Medicure taxes. Add Celumn 2 from linet 50,5k0,5m/60, 50,56 , and 5d Mr Section 2121(e) Netice and Demand - Tax due en unreporied tips (bee havicitions) 6. Total laxes before adjuctmente. Adi ines 3, so, and ir 0,124 0062 0062 0.124 0000 \begin{tabular}{|} \hline Columi2 \\ \hline \\ \hline \\ \hline \\ \hline \\ \hline \end{tabular} Part 2 Tell us about your deposit schedule and tax liability for this quarter. M you are unwure about whether you are a menthly schedule depositor or a semiweebly schedule depositor, ste section 11 of Pub, 15 . 16 Check ene: Line 12 on this reture is less than 57,505 or line 12 on the return for the prior quarter was less than $2,500. and you didn't incur a $160,000 next-day deponis obligation during the current quarter, If ine 12 for the prior quafer aas less than 32,500 b.t ine 12 on this return is $100,000 or more; you must provide a necord of your federal tax liabity. If you are a montily schedule deposilor, complete the deposh schodule below, if you are a semweelly schedule depositoc, attach schedve il (Form 941) Ge to Part a You were a monthly schedule depositor for the entire quarter. Enier your tax latbly for each month and tolar Iabity for the quatef, then go io Part 3. Tax liability. Month 1 Mowth 2 wenth 3 Tetal iabiaty for quarter Total must equal tine 12. Semwesky Schedile Ceposisor, and aftach it to Form SA1, Go to Pat 3 Part 34 Tell us about your business. If a question does NOT apply to your business, leave it blank. 17 if your business has clesed or you sepped paping wages erber the final dale you paid wages (cowddyry) 10 ir you are a seasonal empiayer and you do not have to tie a rafurn for avery quarter of the year 15 Qualfed heanh plan expenses allecabie to qualifed sick leave wages 20 Gualfied heaith plan expenses allocable to qualfied tamily ieave wages 21 Qualified wapes for the employee retentibn eredit 22 Qualifis heath plan expentes allocable to wa0es roperted on line 21 23 Credit from form se4-c, line 11, for this quarter 24 Reserved foe future use 25 Reserved for future ut4 - aleo atach a stakmens to your retum. 5 ee insruction Check Rere Part 4: May we speak with your third-party designee? Do you want to aliow an employee, a paid tar preparer, or another persen to discuss this return with the iRs? see the instructions for detals. Des: Deviges's name and prove number The first quarter tax return needs to be filed for Prevosti Farms and Sugarhouse by April 15, 2021. For the taxes, assume the second February payroll amounts were duplicated for the March 5 and March 19 payroll periods, and the new benefit elections went into effect. as planned. The form was completed and signed on April 9, 2021. Owner's name: Toni Prevosti Address: 820 Westminster Road, Bridgewater, VT 05520 . Phone: 802-555-3456 Number of employees: 8 Gross quarterly wages (Exclusive of Fringe benefits): $33,572.81 Federal income tax withheld: $1,007,00 401(k) contributions: $1,342.91 Section 125 withheid: $4,364,00 Gym membership: $90.00 Required: Required: Complete Form 941 for Prevosti Farms and Sugarhouse. Prevosti Farms and Sugarhouse was assigned EIN 226654454. -(NOTE): Instructions on format can be found on certain cells within the forms. Complete this question by entering your answers in the tabs below. 941PG1941PG2 Page 1 of Form 941. (Round your final answers to 2 decimal places.) Form 941 for 2021: Employer's QUARTERLY Federal Tax Return Department of the Treasury - interral Reverue Service 950120 Form 941 for 2021: Fobs the separate indituctiens betore yeu corngite Form e41. Tyce of perit within the bexel. Part 1: Answer these questions for this quarter. 1 Number of employees who recelved wages, Bips, or ether compencution for the poy perlod including fune 12 (Quarter 2). September 12 (Quarter 3 ) or December 12 (Quarter 4 ) 2 Wages, tipe, and ather compensation 3. Federal income tur withiheld trom wages, tips, and other compensation 4 It no wages, tps, and other compensation are subject to social cecurity or Medicare tax Check and ge te ine 6 . Sa Taxable social securty wages sapil Quakfied sick leave wages Se() Qualified family leme wages So Taxable soelal security tips sc texuble Medieare wages 8 tipe Column 1 column 2 So Texatie wages s tipe oubject to Addeionai Medicare Tax whiholding Se Totel soelal security and Medicure taxes. Add Celumn 2 from linet 50,5k0,5m/60, 50,56 , and 5d Mr Section 2121(e) Netice and Demand - Tax due en unreporied tips (bee havicitions) 6. Total laxes before adjuctmente. Adi ines 3, so, and ir 0,124 0062 0062 0.124 0000 \begin{tabular}{|} \hline Columi2 \\ \hline \\ \hline \\ \hline \\ \hline \\ \hline \end{tabular} Part 2 Tell us about your deposit schedule and tax liability for this quarter. M you are unwure about whether you are a menthly schedule depositor or a semiweebly schedule depositor, ste section 11 of Pub, 15 . 16 Check ene: Line 12 on this reture is less than 57,505 or line 12 on the return for the prior quarter was less than $2,500. and you didn't incur a $160,000 next-day deponis obligation during the current quarter, If ine 12 for the prior quafer aas less than 32,500 b.t ine 12 on this return is $100,000 or more; you must provide a necord of your federal tax liabity. If you are a montily schedule deposilor, complete the deposh schodule below, if you are a semweelly schedule depositoc, attach schedve il (Form 941) Ge to Part a You were a monthly schedule depositor for the entire quarter. Enier your tax latbly for each month and tolar Iabity for the quatef, then go io Part 3. Tax liability. Month 1 Mowth 2 wenth 3 Tetal iabiaty for quarter Total must equal tine 12. Semwesky Schedile Ceposisor, and aftach it to Form SA1, Go to Pat 3 Part 34 Tell us about your business. If a question does NOT apply to your business, leave it blank. 17 if your business has clesed or you sepped paping wages erber the final dale you paid wages (cowddyry) 10 ir you are a seasonal empiayer and you do not have to tie a rafurn for avery quarter of the year 15 Qualfed heanh plan expenses allecabie to qualifed sick leave wages 20 Gualfied heaith plan expenses allocable to qualfied tamily ieave wages 21 Qualified wapes for the employee retentibn eredit 22 Qualifis heath plan expentes allocable to wa0es roperted on line 21 23 Credit from form se4-c, line 11, for this quarter 24 Reserved foe future use 25 Reserved for future ut4 - aleo atach a stakmens to your retum. 5 ee insruction Check Rere Part 4: May we speak with your third-party designee? Do you want to aliow an employee, a paid tar preparer, or another persen to discuss this return with the iRs? see the instructions for detals. Des: Deviges's name and prove number
