Philip Castor, owner of Castor Corporation is located at 1310 Garrick Way, Sun Valley, Arizona, 86029, phone

Question:

Philip Castor, owner of Castor Corporation is located at 1310 Garrick Way, Sun Valley, Arizona, 86029, phone number 928-555-8842. The Federal EIN is 20-1943848, and the state employer identification number is 9040-2038-1. Prepare Form W-2 for each of the following employees of Castor Corporation as of December 31, 2017. The same deductions are allowed for state income tax as for federal.

Paul M. Parsons
 5834 Moon Drive
 Sun Valley, AZ 86029
 SSN: 578-33-3049
 
 
 

Total 2017 wages: $47,203.78
 401(k) contribution: $2,832.23
 Section 125 contribution: $1,400.00
 Federal income tax withheld: $5,664.45
 Social Security tax withheld: $2,839.83
 Medicare tax withheld: $664.15
 State Income tax withheld: $1,443.84

Rachel Y. Maddox
 32 Second Street
 Holbrook, AZ 86025
 SSN: 734-00-1938
 Tuition in excess of $5,250: $750

Total 2017 wages: $37,499.02
 401(k) contribution: $1,124.97
 Section 125 contribution: $500.00
 Federal income tax withheld: $4,409.88
 Social Security tax withheld: $2,340.44
 Medicare tax withheld: $547.36
 State Income tax withheld: $1,180.92

Ari J. Featherstone
 7784 Painted Desert Road
 Sun Valley, AZ 86029
 SSN: 290-03-4992

Total 2017 wages: $41,904.29
 401(k) contribution: $1,885.69
 Federal income tax withheld: $5,028.52
 Social Security tax withheld: $2,598.07
 Medicare tax withheld: $607.61
 State Income tax withheld: $1,344.63

Connor L. Clearwater
 7384 Ridge Road
 Woodruff, AZ 85942
 SSN: 994-20-4837

Total 2017 wages: $29,874.37
 401(k) contribution: $597.49
 Section 125 contribution: $250.00
 Federal income tax withheld: $3,584.92
 Social Security tax withheld: $1,836.71
 Medicare tax withheld: $429.55
 State Income tax withheld: $975.30

Tieya L. Millen
 229 Second Street #4A
 Holbrook, AZ 86025
 SSN: 477-30-2234

Total 2017 wages: $15,889.04
 Federal income tax withheld: $1,906.69
 Social Security tax withheld: $985.12
 Medicare tax withheld: $230.39
 State Income tax withheld: $533.87

Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  answer-question

Payroll Accounting 2018

ISBN: 978-1259742514

4th edition

Authors: Jeanette Landin, Paulette Schirmer

Question Posted: