Answered step by step
Verified Expert Solution
Question
00
1 Approved Answer
The taxable wages and withheld taxes for Stafford Company (EIN 00-0001462), semiweekly depositor, for the first quarter of 2019 follow. Semimonthly Paydays Gross and Taxable
The taxable wages and withheld taxes for Stafford Company (EIN 00-0001462), semiweekly depositor, for the first quarter of 2019 follow.
Semimonthly Paydays | Gross and Taxable Wages | FICA Withheld OASDI | FICA Withheld HI | Federal Income Tax Withheld |
1/15 | $24,500 | $1,519.00 | $355.25 | $3,185.00 |
1/31 | 23,985 | 1,487.07 | 347.78 | 3,090.00 |
2/15 | 25,190 | 1,561.78 | 365.26 | 3,410.00 |
2/28 | 25,530 | 1,582.86 | 370.19 | 3,497.00 |
3/15 | 24,950 | 1,546.90 | 361.78 | 3,385.00 |
3/29 | 25,100 | 1,556.20 | 363.95 | 3,400.00 |
$149,255 | $9,253.81 | $2,164.21 | $19,967.00 |
a. Complete Schedule B of Form 941 below for the first quarter for Steve Hazelton, the owner of Stafford Company. If a box does not require an amount, leave it blank.
|
b. List the due dates of each deposit in the first quarter.
Paydays | Deposit Due Dates |
January 15 | |
January 31 | |
February 15 | |
February 28 | |
March 15 | |
March 29 |
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started