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The total taxes per payday are: Employees' FICA Tax OASDI $ 5 7 7 . 5 3 Employer's FICA Tax OASDI 5 7 7 .

The total taxes per payday are:
Employees' FICA TaxOASDI $577.53
Employer's FICA TaxOASDI 577.53
Employees' FICA TaxHI 135.08
Employer's FICA TaxHI 135.07
Employees' FIT Tax 780.00
Total $2,205.21\times 6 paydays = $13,231.26 in deposits for the quarter
None of the employees reported tips during the quarter.
Using Form 941 below, prepare the return based on the information shown above.
Note: Lines 5a and 5c of Form 941, tax on total taxable wages, are computed by multiplying by the combined tax rate for both employer and employee. Small differences due to rounding may occur between this total and the total taxes withheld from employees each pay period and the amount of the employer's taxes calculated each pay period. This difference is reported on line 7 as a deduction or an addition as "Fractions of Cents."
Hint: Line 7 instructions. Fill in Form 941 through line 6 and then fill in Part 2, line 16 or Schedule B. Take that information and fill in line 10. Lines 6 and 10 must equal. If the amounts are not the same, correct by entering amount to make equal on line 7. Line 7 differences are caused by how calculations are made on Form 941 and the amounts withheld from employee's earning plus the employer's payroll tax amounts each pay period.
Form 941 for 20--:
(Rev. March 2023) Employer's QUARTERLY Federal Tax Return
Department of the Treasury Internal Revenue Service
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