Philcon Corporation created the following 2020 employee payroll report for one of its employees. a. Complete the

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Philcon Corporation created the following 2020 employee payroll report for one of its employees.

Philcon Corporation EIN: 12-3456789 PO Box 4563 Anchorage, AK 99508 Emp ID Name A1246G Louise Chugach A1246G

a. Complete the following Form W-2 for Louise Chugach from Philcon Corporation.

b Employer identication number (N) a Employee's social security number c Employer's name, address, and ZIP

b. Philcon Corporation also paid $1,100 to Ralph Kincaid for presenting a management seminar. Ralph is not a Philcon employee and lives at 1455 Raspberry Road, Anchorage, AK 99508, and his Social Security number is 475-45-3226. Complete the Form 1099-NEC located on Page 9-60 for the payment to Ralph from Philcon Corporation.

PAYER'S name, street address, city or town, state or province, country, ZIP or foreign postal code, and

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Income Tax Fundamentals 2021

ISBN: 9780357141366

39th Edition

Authors: Gerald E. Whittenburg, Martha Altus-Buller, Steven Gill

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