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 Health Insurance Life Insurance Long-term Care FSA 401(k) Gym Exempt Federal FICA Yes Yes Yes Yes Yes Yes Yes Yes Yes NO 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: $33,051.93 Federal income tax withheld: $992.00 401(k) contributions: $1,322.08 Insurance withheld: $4,297.00 Gym membership: $90.00 Monthly Deposits Month 1 Month 2 Month 3 Amount $ 0.00 $ 2,320.70 $ 3,084.70 Required: Complete Form 941 for Prevosti Farms and Sugarhouse. Prevosti Farms and Sugarhouse was assigned EIN 22-6654454. -(NOTE): Instructions on format can be found on certain cells within the forms. Complete this question by entering your answers in the tabs below. Street Number Bridgewater City Suite or room number 05520 ZIP code VT State (NN) )4: October, November, December Instructions and prior-year forms are available at www.irs.gov/form941. Foreign country name Foreign Province/county Foreign Postal code 5e 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, 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 X 4 If no wages, tips, and other compensation are subject to social security or Medicare tax This is a numeric cell, so please Column 1 1 enter numbers only. Column 2 5a Taxable social security wages X 0.124 0.00 5a(U) Qualified sick leave wages X 0.062 0.00 5a(ii) Qualified family leave wages x 0.062 0.00 5b Taxable social security tips X 0.124 0.00 5c Taxable Medicare wages & tips x 0.029 0.00 5d Taxable wages & tips subject to Additional Medicare Tax withholding X 0.009 0.00 5e Add Column 2 from lines 5a, 5b, 5c, and 5d 2 , , 0.00 5f Section 3121(a) Notice and Demand - Tax due on unreported tips (see instructions) 5f 6 Total taxes before adjustments. Add lines 3, 5e, and 5f 6 0.00 7 Current quarter's adjustments for fractions of cents 7 8 Current quarter's adjustments for sick pay 8 9 Current quarter's adjustments for tips and group-term life insurance 10 Total taxes after adjustments. Combine lines 6 through 9 10 0.00 11a Qualified small business payroll tax credit for increasing research activities. Attach Form 8974 11a 11b Nonrefundable portion of credit for qualified sick and family leave wages from Worksheet 1 11b 11c Nonrefundable portion of employee retention credit from Worksheet 1 11c TIC 11d Total nonrefundable credits. Add lines 11a, 11b, and 11c 11d 0.00 12 Total taxes after adjustments and credits. Subtract line 11d from line 10 12 0.00 13a Total deposits for this quarter, including overpayment applied from a prior quarter and overpayments applied from Form 941-X, 941-X (PR), 944-X, or 944-X (SP) filed in the current quarter 13a 13b Deferred amount of the employer share of social security tax 13b 13c Refundable portion of credit for qualified sick and family leave wages from Worksheet 1 13c 13d Refundable portion of employee retention credit from Worksheet 1 13d 13e Total deposits, deferrals, and refundable credits. Add lines 13a, 135, 136, and 13d 13e 0.00 13f Total advances received from filing Form(s) 7200 for the quarter 131 13g Total deposits, deferrals, and refundable credits less advances. Subtract line 13f from line 13e 139 0.00 14 Balance due If line 12 is more than line 13e, enter the difference and see instructions 14 0.00 15 Overpayment. If line 13e is more than line 12. enter the difference Apply to next 12 0.00 Check one: Send a refund return 9 You MUST complete both pages of Form 941 and SIGN It. Next For Privacy Act and Paperwork Reduction Act Notice, see the back of the Payment Voucher. Cat. No. 17001Z Form 941 (Rev. 1-2020) THIS FORM IS A SIMULATION OF AN OFFICIAL U.S. TAX FORM. IT IS NOT THE OFFICIAL FORM ITSELF. DO NOT USE THIS FORM FOR TAV ENIRO A FAR ANIV DIINNADE ATUEN TUALI ENIRATIALIAI nn - Led..--- 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 Health Insurance Life Insurance Long-term Care FSA 401(k) Gym Exempt Federal FICA Yes Yes Yes Yes Yes Yes Yes Yes Yes NO 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: $33,051.93 Federal income tax withheld: $992.00 401(k) contributions: $1,322.08 Insurance withheld: $4,297.00 Gym membership: $90.00 Monthly Deposits Month 1 Month 2 Month 3 Amount $ 0.00 $ 2,320.70 $ 3,084.70 Required: Complete Form 941 for Prevosti Farms and Sugarhouse. Prevosti Farms and Sugarhouse was assigned EIN 22-6654454. -(NOTE): Instructions on format can be found on certain cells within the forms. Complete this question by entering your answers in the tabs below. Street Number Bridgewater City Suite or room number 05520 ZIP code VT State (NN) )4: October, November, December Instructions and prior-year forms are available at www.irs.gov/form941. Foreign country name Foreign Province/county Foreign Postal code 5e 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, 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 X 4 If no wages, tips, and other compensation are subject to social security or Medicare tax This is a numeric cell, so please Column 1 1 enter numbers only. Column 2 5a Taxable social security wages X 0.124 0.00 5a(U) Qualified sick leave wages X 0.062 0.00 5a(ii) Qualified family leave wages x 0.062 0.00 5b Taxable social security tips X 0.124 0.00 5c Taxable Medicare wages & tips x 0.029 0.00 5d Taxable wages & tips subject to Additional Medicare Tax withholding X 0.009 0.00 5e Add Column 2 from lines 5a, 5b, 5c, and 5d 2 , , 0.00 5f Section 3121(a) Notice and Demand - Tax due on unreported tips (see instructions) 5f 6 Total taxes before adjustments. Add lines 3, 5e, and 5f 6 0.00 7 Current quarter's adjustments for fractions of cents 7 8 Current quarter's adjustments for sick pay 8 9 Current quarter's adjustments for tips and group-term life insurance 10 Total taxes after adjustments. Combine lines 6 through 9 10 0.00 11a Qualified small business payroll tax credit for increasing research activities. Attach Form 8974 11a 11b Nonrefundable portion of credit for qualified sick and family leave wages from Worksheet 1 11b 11c Nonrefundable portion of employee retention credit from Worksheet 1 11c TIC 11d Total nonrefundable credits. Add lines 11a, 11b, and 11c 11d 0.00 12 Total taxes after adjustments and credits. Subtract line 11d from line 10 12 0.00 13a Total deposits for this quarter, including overpayment applied from a prior quarter and overpayments applied from Form 941-X, 941-X (PR), 944-X, or 944-X (SP) filed in the current quarter 13a 13b Deferred amount of the employer share of social security tax 13b 13c Refundable portion of credit for qualified sick and family leave wages from Worksheet 1 13c 13d Refundable portion of employee retention credit from Worksheet 1 13d 13e Total deposits, deferrals, and refundable credits. Add lines 13a, 135, 136, and 13d 13e 0.00 13f Total advances received from filing Form(s) 7200 for the quarter 131 13g Total deposits, deferrals, and refundable credits less advances. Subtract line 13f from line 13e 139 0.00 14 Balance due If line 12 is more than line 13e, enter the difference and see instructions 14 0.00 15 Overpayment. If line 13e is more than line 12. enter the difference Apply to next 12 0.00 Check one: Send a refund return 9 You MUST complete both pages of Form 941 and SIGN It. Next For Privacy Act and Paperwork Reduction Act Notice, see the back of the Payment Voucher. Cat. No. 17001Z Form 941 (Rev. 1-2020) THIS FORM IS A SIMULATION OF AN OFFICIAL U.S. TAX FORM. IT IS NOT THE OFFICIAL FORM ITSELF. DO NOT USE THIS FORM FOR TAV ENIRO A FAR ANIV DIINNADE ATUEN TUALI ENIRATIALIAI nn - Led