Leda, Incorporated is located at 433 Augusta Road, Caribou, Maine, 04736, phone number 207-555-1212. The Federal EIN is 54-3910394, and it has a Maine Revenue Services number of 3884019.

SWFT Individual Income Taxes
43rd Edition
ISBN:9780357391365
Author:YOUNG
Publisher:YOUNG
Chapter20: Corporations And Parterships
Section: Chapter Questions
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Please help figuring wages, social security wages, medicare wages, and state wages

Leda, Incorporated is located at 433 Augusta Road, Caribou, Maine, 04736, phone number 207-555-1212. The Federal EIN is 54-3910394, and it has a Maine Revenue Services number of 3884019.

 

Required:

Owner Kieran Leda has asked you to prepare Form W-2 for each of the following employees of Leda, Incorporated as of December 31, 2022.

Name and Address Payroll information

Nova C. Niehaus
122 Main Street, #3
Caribou, ME 04736
SSN: 477-30-2234
Dependent Care Benefit: $1,930.00

Total 2022 wages: $34,833.53
401(k) contribution: $1,069.06
Section 125 contribution: $1,630.00
Federal income tax withheld: $2,022.27
Social Security tax withheld: $2,058.62
Medicare tax withheld: $481.45
State Income tax withheld $1,863.80

[The following information applies to the questions displayed below.]
Leda, Incorporated is located at 433 Augusta Road, Caribou, Maine, 04736, phone number 207-555-1212. The Federal EIN
is 54-3910394, and it has a Maine Revenue Services number of 3884019.
Required:
Owner Kieran Leda has asked you to prepare Form W-2 for each of the following employees of Leda, Incorporated as of December 31,
2022.
Name and Address
Nova C. Niehaus
122 Main Street, #3
Caribou, ME 04736
SSN: 477-30-2234
Dependent Care Benefit: $1,930.00
b Employer ID number (EIN - enter as xx-xxxxxxx)
54-3910394
c Employer's name, address, and ZIP code
Employer's name -
Address line 1-
22222
Address line 2-
d Control number
Nova C
0.00
e Employee's first name and initial
f Employee's address and ZIP code
15 State
ME
Payroll information
Total 2022 wages: $34,833.53
401(k) contribution: $1,069.06
Section 125 contribution:
Last name
✓Niehaus
$1,630.00
Feder
Federal income tax withheld:
$2,022.27
26265
Social Security tax withheld:
$2,058.62
Medicare tax withheld: $481.45
State Income tax withheld
$1,863.80
pron na anany
Leda, Incorporated
433 Augusta Road
477-30-2234
Caribou, ME 04736
✓3884019
122 Main Street, #3
Caribou, ME 04736
Suff.
Employer's state ID number
OMB No. 1545-0008
16 State wages, tips,
etc.
› › › ›
1 Wages, tips, other compensation
34,833.53 x
3 Social security wages
5 Medicare wages and tips
7 Social security tips
9
11 Nonqualified plans
13 Statutory
Employ.
ON
Third-party sick pay
14 Other
17 State income
tax
1,863.80
34,833.53
34,833.53
34,833.53
0.00✔
0.00
Retirement plan
18 Local wages, tips,
etc.
0.00
2 Federal income tax withheld
4 Social security tax withheld
6 Medicare tax withheld
8 Allocated tips
10 Dependent care benefits
12b
12c
12d
2,022.27✔
19 Local income
tax
12a See instruction for box 12 (code in
LEFT box)
D
1,069.06
0.00✔
2,058.62✔
481.45✔
0.00✓
1,930.00✔
20 Locality name
0.00
Transcribed Image Text:[The following information applies to the questions displayed below.] Leda, Incorporated is located at 433 Augusta Road, Caribou, Maine, 04736, phone number 207-555-1212. The Federal EIN is 54-3910394, and it has a Maine Revenue Services number of 3884019. Required: Owner Kieran Leda has asked you to prepare Form W-2 for each of the following employees of Leda, Incorporated as of December 31, 2022. Name and Address Nova C. Niehaus 122 Main Street, #3 Caribou, ME 04736 SSN: 477-30-2234 Dependent Care Benefit: $1,930.00 b Employer ID number (EIN - enter as xx-xxxxxxx) 54-3910394 c Employer's name, address, and ZIP code Employer's name - Address line 1- 22222 Address line 2- d Control number Nova C 0.00 e Employee's first name and initial f Employee's address and ZIP code 15 State ME Payroll information Total 2022 wages: $34,833.53 401(k) contribution: $1,069.06 Section 125 contribution: Last name ✓Niehaus $1,630.00 Feder Federal income tax withheld: $2,022.27 26265 Social Security tax withheld: $2,058.62 Medicare tax withheld: $481.45 State Income tax withheld $1,863.80 pron na anany Leda, Incorporated 433 Augusta Road 477-30-2234 Caribou, ME 04736 ✓3884019 122 Main Street, #3 Caribou, ME 04736 Suff. Employer's state ID number OMB No. 1545-0008 16 State wages, tips, etc. › › › › 1 Wages, tips, other compensation 34,833.53 x 3 Social security wages 5 Medicare wages and tips 7 Social security tips 9 11 Nonqualified plans 13 Statutory Employ. ON Third-party sick pay 14 Other 17 State income tax 1,863.80 34,833.53 34,833.53 34,833.53 0.00✔ 0.00 Retirement plan 18 Local wages, tips, etc. 0.00 2 Federal income tax withheld 4 Social security tax withheld 6 Medicare tax withheld 8 Allocated tips 10 Dependent care benefits 12b 12c 12d 2,022.27✔ 19 Local income tax 12a See instruction for box 12 (code in LEFT box) D 1,069.06 0.00✔ 2,058.62✔ 481.45✔ 0.00✓ 1,930.00✔ 20 Locality name 0.00
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