Assume the following totals for Minihaha Tubing for the year ended December 31, 2020: Assume the following
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Assume the following totals for Minihaha Tubing for the year ended December 31, 2020:
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Assume the following totals for Minihaha Tubing for the year ended December 31, 2020: Employee FICA tax $71000 Federal Income tax 189500 State Income tax 17000 Employer FICA tax 71000 Federal unemployment tax 2000 State unemployment tax 6400 The total tax reported on Form 940 is $2000 $8400 $71000 $144000 Assume the following totals for Minihaha Tubing for the year ended December 31, 2020: Employee FICA tax $71000 Federal Income tax 189500 State Income tax 17000 Employer FICA tax 71000 Federal unemployment tax 2000 State unemployment tax 6400 The total tax reported on Form 940 is $2000 $8400 $71000 $144000
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8400 Total tax reported on Form 940 is 8400 Use Form 940 to report your annual Federal ... View the full answer
Related Book For
Accounting Principles
ISBN: 978-1118342190
11th Edition
Authors: Jerry Weygandt, Paul Kimmel, Donald Kieso
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