The first-quarter tax return needs to be filed for Prevosti Farms and Sugarhouse by April 15,2022 . For the taxes, assume the second February payroll amounts were duplicated for the March 4 and March 18 payroll periods, and the new benefit elections went into effect as planned. The form was completed and signed on April 11, 2022. 1, Bridgewater, VT 05520. 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. 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 4 If no wages, tips, and other compensation are subject to social security or Medicare tax Check and go to line 6 . 5a Taxable social security wages 5a(i) Qualified sick leave wages 5a(ii) Qualified family leave wages 5b Taxable social security tips 5c Taxable Medicare wages & tips 5d Taxable wages & tips subject to Additional Medicare Tax withholding \begin{tabular}{|r|c|r|} \multicolumn{1}{c|}{ Column 1 } & \multicolumn{1}{c|}{ Column 2 } \\ \hline 30,587.98 & 0.124 & 3,792.91 \\ \hline0.062 & 0.00 \\ \hline0.062 & 0.00 \\ \hline0.124 & 0.00 \\ \hline 30,587.98 & 887.05 \\ \hline & 0.029 & 0.00 \\ \hline \end{tabular} 5e Total social security and Medicare taxes. Add Column 2 from lines 5a,5a(i),5a(ii),5b,5c, and 5d 5 Section 3121(q) Notice and Demand - Tax due on unreported tips (see instructions) 6 Total taxes before adjustments. Add lines 3,5e, and 5f 7 Current quarter's adjustment for fractions of cents 8 Current quarter's adjustment for sick pay 9 Current quarter's adjustments for tips and group-term life insurance 10 Total taxes after adjustments. Combine lines 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 The first-quarter tax return needs to be filed for Prevosti Farms and Sugarhouse by April 15,2022 . For the taxes, assume the second February payroll amounts were duplicated for the March 4 and March 18 payroll periods, and the new benefit elections went into effect as planned. The form was completed and signed on April 11, 2022. 1, Bridgewater, VT 05520. 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. 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 4 If no wages, tips, and other compensation are subject to social security or Medicare tax Check and go to line 6 . 5a Taxable social security wages 5a(i) Qualified sick leave wages 5a(ii) Qualified family leave wages 5b Taxable social security tips 5c Taxable Medicare wages & tips 5d Taxable wages & tips subject to Additional Medicare Tax withholding \begin{tabular}{|r|c|r|} \multicolumn{1}{c|}{ Column 1 } & \multicolumn{1}{c|}{ Column 2 } \\ \hline 30,587.98 & 0.124 & 3,792.91 \\ \hline0.062 & 0.00 \\ \hline0.062 & 0.00 \\ \hline0.124 & 0.00 \\ \hline 30,587.98 & 887.05 \\ \hline & 0.029 & 0.00 \\ \hline \end{tabular} 5e Total social security and Medicare taxes. Add Column 2 from lines 5a,5a(i),5a(ii),5b,5c, and 5d 5 Section 3121(q) Notice and Demand - Tax due on unreported tips (see instructions) 6 Total taxes before adjustments. Add lines 3,5e, and 5f 7 Current quarter's adjustment for fractions of cents 8 Current quarter's adjustment for sick pay 9 Current quarter's adjustments for tips and group-term life insurance 10 Total taxes after adjustments. Combine lines 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
