The following 3 employees are PAID monthly and this is the last payday of the year (Dec).

Gross and Net Pay for all employees has remained the same all year.

Besides the Federal and FICA taxes withheld, the employee also has State W/H (use the Indiana

rate from class notes) and assume each employee lives in Marion county.

1. Emlie D. -regular pay $15,900/ 401K $1,500 / Medical $1,100

2. Kaira J. - regular pay $15,100/ 401K $1,300 / Medical $950

3. Eric. W. - regular pay $ 5,100/ 401K $400/ Medical $550

**Federal W/H have been provided for you in the Excel template**

Before answering questions 13-22 in IvyLearn, you may want to fill out your own template and

compare to the given one.

Figure the Form 941 and W2 amounts.

1. What isline 3of Form 941?
2. For line 5a of Form 941, what isEmlie's4th QtrSocial Securitytaxable wages?
3. For line 5a of Form 941, what isKaira's4th QtrSocial Securitytaxable wages?
4. What is the total ofMonth 1for line 16 of Form 941 (remember the payroll is set up as monthly and Not Weekly as in previous weeks).
5. What is the total ofMonth 2for line 16 of Form 941 (remember the payroll is set up as monthly and Not Weekly as in previous weeks).
6. What is the total ofMonth 3for line 16 of Form 941 (remember the payroll is set up as monthly and Not Weekly as in previous weeks).
7. What isBox 1of the W2 for Emlie?
8. What isBox 2of the W2 for Emlie?
9. What isBox 3of the W2 for Emlie?
10. What isBox 5of the W2 for Emlie?
11. What isBox 17of the W2 for Emlie?
12. What isBox 19of the W2 for Emlie?

Payroll Sums UP TO Nov. 30th Name Emile D M/S M Kaira J Eric W. S M Totals Federal FICA Total Allowances Wages to date Wages to date Wages to date 174.900 5 146,300 162,800 166,100 141,350 155,650 56,100 45.650 50,050 397,100 333,300 368,500 Dec. 31st Payroll Dec. 31 Taxable Taxable Taxable Gross Wages F/W Wages SS. Wages Med. Wages SS wh Med. wh F/W SUW EM 401K 15.900 13.300 14,800 214.60 1,491.00 429.59 268.66 1,500.00 15,100 12.850 4.550 14,150 5.100 4.150 4,550 4.550 282.10 282.10 205.18 65.98 2.246.00 432.00 415.06 134.05 259.57 1,300.00 Medical 1,100.00 950.00 Net Wages 10,896.15 9,442.10 83.83 400.00 550.00 36,100 30,300 9,100 33,500 564.20 485.75 4,169.00 978.69 612.06 3,200.00 2,600.00 3,152.05 23,490.30