Which 2 forms related to employees and contractors do you need to file at year end? Form 1-9 Form W-2 Form 1029 Form W-3 Form 1099
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![Question 4
Which 2 forms related to employees and contractors do you need to file
at year end?
Form 1-9
Form W-2
Form 1029
Form W-3
Form 1099](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F3250ef8c-0552-4151-99e0-788b8a98f8ed%2Ffd0b0665-70f3-4012-8372-8cd70924c368%2F3b3l7b_processed.png&w=3840&q=75)
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- Gross Pay through August 31 $ 6,600 2,200 131,600 Gross Pay for September $ 500 2,300 8,200 Assuming situation (a), prepare the employer's September 30 journal entry to record salary expense and its related payroll liabilities for this employee. The employee's federal income taxes withheld by the employer are $80 for this pay period. Complete this question by entering your answers in the tabs below. Taxes to be Withheld From Gross Pay General Journal The employee's federal income taxes withheld by the employer are $80 for this pay period. Assuming situation (a), compute the taxes to be withheld from gross pay for this employee. Note: Round your answers to 2 decimal places. Taxes to be withheld From Gross Pay (Employee-Paid Taxes) Federal income tax September Earnings Subject to Tax Tax Rate Tax Amount $ 80.00 Taxes to be General Journal >An Employer’s Quarterly Federal Tax Return, Form 941, must be filed by the physician-employer on or before: a. January 1, April 1, July 1, October 1 b. January 30, April 30, July 30, October 30 c. April 30, July 31, October 31, January 31 d. February 28, May 31, August 31, November 30 e. March 30, June 30, September 30, December 31Lauprechta Incorporated has the following employees on payroll. Assume that all the employees has only one job or that step 2 of Form W-4 is not checked and all dependents are under the age of 17. Also, the employer uses the Percentage Method Tables for Manual Payroll Systems with Forms W-4 from 2020 or Later. Use percentage method tables for a manual payroll systems. Naila Wilfred Byron Annie Semimonthly. Payroll $6,000 $5,300 $ 3,900 $ 4,500 Number of Dependents. from Form W-4 3 2 0 Marital Status Married. Married. Single Single Required: Complete the table for taxes to be withheld for each pay period. disto commutations and final answers to 2 decimal places.
- The W-4 form lists all of all of the following EXCEPT one: a.Lists the employee's Social Security Number b.Lists the total wages to be earned c.Shows the filing status d.Lists the number of allowances claimedLauprechta Incorporated has the following employees on payroll. Assume that all the employees has only one job or that step 2 of Form W-4 is not checked and all dependents are under the age of 17. Also, the employer uses the Percentage Method Tables for Manual Payroll Systems with Forms W-4 from 2020 or Later. Use percentage method tables for a manual payroll systems. Number of Dependents from Form Marital Status Semimonthly Payroll W-4 Naila Wilfred Byron $ 6,220 $ 5,520 $ 4,120 320 Married Married Single Annie $ 4,390 1 Head of Household Required: Complete the table for taxes to be withheld for each pay period. Note: Round your intermediate computations and final answers to 2 decimal places. Employee Federal Withholding Tax Social Security Tax Medicare Tax Total Taxes Withheld Naila Wilfred Byron AnnieCan you answer the question from the Wage Bracket Method Tables for Manual Payroll Systems With Forms W-4 From 2019 or Earlier and the Employer’s Withholding Worksheet for Wage Bracket Method Tables for Manual Payroll Systems With Forms W-4 From 2020 or Later
- Section 5-EMPLOYEE DATA: FORM W-4 AND STATE WITHHOLDING 0ALLOWANCE CERTIFICATES How long does a new employee have to submit a completed W-4? How must the employer withhold FIT until the W-4 is received from a new employee? On March 2, 2020, Mischa submits a new W-4. If payday is Friday, what is the date of the first paycheck that must reflect Mischa’s new W-4? On March 23,2020, Paul submits a new W-4. If Paul is paid the last weekday of each month, what is the date of the first paycheck that must reflect Paul’s new W-4? On October 2, 2020, Janet starts a part-time job. She did not owe federal income tax in 2019 and does not expect to earn enough to pay federal income tax for 2020, so she claims exempt from federal income tax withholding on her 2020 Form W-4. Does Janet need to submit a W-4 in 2021? If so, by when—and how does her employer withhold if she does not do this?Question text The totals from the first payroll of the year are shown below. Total Earnings FICA OASDI FICA HI FIT W/H State Tax Union Dues Net Pay $36,195.10 $2,244.10 $524.83 $6,515.00 $361.95 $500.00 $26,049.22 Journalize the entry to deposit the FICA and FIT taxes.Question 1: The third-party designee sections in both Form 941 and Form 940 require that the employer select a Answer: А. O username В. O password C. O five-digit PIN D. secret question B.
- | BEI-4 Swenson Company has the following payroll procedures. (a) Supervisor approves overtime work. (b) The human resources department prepares hiring authorization forms for new hires. (c) A second payroll department employee verifies payroll calculations. (d) The treasurer's department pays employees. Identify the payroll function to which each procedure pertains.Use the sample W-2 below to answer the following question: All of the following employee information is included on a W-2 form EXCEPT... a Employee's social security number 123-45-6789 22222 b Employer identification number (EIN) 987654321 e Employer's name, address, and ZIP code Scoops Ice Cream 123 Main Street Indianapolis, IN 46205 d Control number e Employee's first name and initial Lily M Smith 215 First Street Indianapolis, IN 46205 f Employee's address and ZIP code 15 State Employer's state ID number IN 00122234001 Last name OMB No. 1545-0008 L W-2 Wage and Tax Statement Form Copy 1-For State, City, or Local Tax Department 1 Wages, tips, other compensation 14,450.00 3 Social security wages 14,450.00 5 Medicare wages and tips 14,450.00 7 Social security tips Suff 11 Nonqualified plans 13 14 Other 6 State wages, tips, etc. 17 State income tax 14,450.00 466.74 2020 2 Federal income tax withheld 1080.50 4 Social security tax withheld 895.90 Employee's Social Security Number…Complete Form 941 for the 2nd quarter of 2020 for Smith's Distributing Co. (employer identification #11-3333333). Assume that Smith's Distributing (located at 819 Main Street, Fremont, CA 94538) chooses to complete and mail Form 941 on the due date. Based on the lookback period, Smith's Distributing is a monthly depositor. Assume that all necessary deposits were made on a timely basis and that the employer made deposits equal to the total amount owed for the quarter. All five employees worked during each of the three months, and the company does not choose to allow a third party to discuss the form with the IRS. Note that the form is signed by the company's president, Juan Wilhelm (telephone #510-555-8293). Second quarter earnings, and associated taxes withheld from employee earnings, are as follows. Notes: • For simplicity, all calculations throughout this exercise, both intermediate and final, should be rounded to two decimal places at each calculation. April Taxes May Taxes June…
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