Veryclear Glassware is a new business owned by Samantha Peoples, the company president. Her first year of operation commenced on April 1, 2019.

EIN: 78-7654398

Address: 23051 Old Redwood Highway, Sebastopol, California 95482, phone 707-555-5555

Number of employees: 8

Wages, tips, and other compensation paid during second quarter 2019: $224,567

Income tax withheld from employees: $44,913.40

Social Security tax withheld from employees: $13,923.15

Medicare tax withheld from employees: $3,256.36

Monthly tax liability:April$26,424.14May26,424.14June26,424.14

Problem 6-8A (Algo)

For Veryclear Glassware (California Employer Account Number 999-9999-9), complete the following State of California Form DE-9, Quarterly Contribution and Report of Wages Report. Use 5.4 percent as the UI rate with a cap of $7,000 per employee, 0.1 percent as the ETT rate also with a cap of $7,000 per employee, and 1 percent as the SDI rate with a cap of $118,371 per employee. All employees have worked the full quarter with the company, and all wages are subject to UI, ETT, and SDI. The California PIT taxes withheld for the quarter are $4,072. The company has deposited $6,788.10 for the quarter.Samantha Peoples submitted the form on 7/6/2019.