Ingram Heating & Cooling reports the following earnings and deductions for their employees for the...
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Ingram Heating & Cooling reports the following earnings and deductions for their employees for the 1st quarter of the year: Total Federal State City Total Net SS # Earnings Inc. Tax OASDI HI Inc. Tax Inc. Tax Deductions Pay Roy Bell 123-45-6789 10489.00 1211.00 650.32 152.09 187.20 220.27 2420.88 8068.12 Karl Radek 234-56-7890 10477.00 1209.00 649.57 151.92 228.67 220.02 2459.18 8017.82 Marie Rossi 345-67-8900 10695.00 1131.00 663.09 155.08 191.49 224.60 2365.26 8329.74 John Scott 456-78-9999 10258.00 1170.00 636.00 148.74 228.67 215.42 2398.83 7859.17 1st quarter totals 41919.00 4721.00 2598.98 607.83 836.03 880.31 9644.15 32274.85 Requirements: Use the forms attached. Attach document with calculations for partial credit. a. Prepare the quarterly Form 941 (65 Points) Monthly 941 liabilities:Jan. $ 3,565.10, Feb. $3,615.70, March $3,953.82 Monthly deposits for the quarter were: $3,556.10, Feb. $3,615.70, March $3,953.82 Do not worry about their EIN Number or Address
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