Philcon Corporation created the following 2020 employee payroll report for one of its employees. a. Complete the
Question:
Philcon Corporation created the following 2020 employee payroll report for one of its employees.
a. Complete the following Form W-2 for Louise Chugach from Philcon Corporation.
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.
Transcribed Image Text:
Philcon Corporation EIN: 12-3456789 PO Box 4563 Anchorage, AK 99508 Emp ID Name A1246G Louise Chugach A1246G Louise Chugach A1246G Louise Chugach A1246G Louise Chugach A1246G Louise Chugach Monthly Bonus Monthly Wage Type Monthly Monthly A1246G Louise Chugach A1246G Louise Chugach A1246G Louise Chugach A1246G Louise Chugach A1246G Louise Chugach Louise Chugach A1246G A1246G Louise Chugach A1246G Louise Chugach Monthly A1246G Louise Chugach YTD Total Employee Mailing Address: Louise Chugach 5471 East Tudor Road Anchorage, AK 99508 SSN: 545-64-7745 Monthly Monthly Monthly Monthly Monthly Monthly Monthly Employee Payroll Report 2020 Period Gross Pay YTD Gross Pav Date 1/31/2020 FIT w/h 1,990.94 12,100.00 2/28/2020 24,200.00 1,990.94 3/15/2020 6,400.00 30,600.00 1,408.00 3/31/2020 12,100.00 42,700.00 1,990.94 4/30/2020 12,100.00 54,800.00 1,990.94 5/31/2020 12,100.00 66,900.00 1,990.94 6/30/2020 12,100.00 79,000.00 1,990.94 7/31/2020 12,100.00 91,100.00 1,990.94 8/31/2020 12,100.00 103,200.00 1,990.94 9/30/2020 12,100.00 115,300.00 1,990.94 10/31/2020 12,100.00 127,400.00 1,990.94 11/30/2020 12,100.00 139,500.00 1,990.94 12/31/2020 12,100.00 151,600.00 1,990.94 151,600.00 25,299.28 8,537.40 12,100.00 12,100.00 SS Tax w/h 750.20 750.20 396.80 750.20 750.20 750.20 750.20 750.20 750.20 750.20 750.20 638.60 Med Tax w/h 175.45 175.45 92.80 175.45 175.45 175.45 175.45 175.45 175.45 175.45 175.45 175.45 175.45 2,198.20 115,565.12 Net Pay 9,183.41 9,183.41 4,502.40 9,183.41 9,183.41 9,183.41 9,183.41 9,183.41 9,183.41 9,183.41 9,183.41 9,295.01 9,933.61
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