Assume the following data for quality care dry cleaning for the year ended December 31.
• Goss earning gross earning $355,600.00
• All employees’ salaries are greater than $7000 in the first Quarter of employment.
• Number of employees at the beginning of year :10
• One new employee hired during 4th quarter {assume employee array $7800 before December 31}
• FUTA deposit for the year $420.00
Determine the amount entered on Form 940 for the following line items.
Line3: Total payments to all employees. =$________
Line4: Payments exempt from FUTA tax. =$_________
Line 5: Total of payments made to each employee in excess of $7,000 =$______
Line 7: Total taxable FUTA wages . =$______
Line 8 : FUTA tax before adjustments =$______
Line 13: FUTA tax deposits for the year, including all over payment, applied for a prior year. =$_____
Line 14: Balance due =$______
Line 15: Overpayment =$______
Line16a:1st quarter =$________
Line16b:2nd quarter =$_________
Line16c:3rd quarter =$______
Line16d: 4th quarter =$_______
Line17: Total tax liability for the year =$______
Answers
Answered by
1
Answer:
sorry dude I can't understand ur question
Good morning my friends
Similar questions