CPP 6-1 Complete 4th Quarter and Year-End Payroll Reporting (#2)

Complete Form 941 for the 4th quarter for TCLH Industries (which is located at 202 Whitmore Avenue, Durham, NC 27701; Employer Identification #44-4444444). Assume that all necessary deposits were made on a timely basis (new businesses in their first year of operations are automatically monthly depositors), and that the employer made deposits equal to the total amount owed for the quarter. Furthermore, note that the company had four pay periods during both October and November, and five pay periods during December. The company does not have a third-party designee, nor does it use a paid preparer. All forms are signed by the CEO of the company, Michael Sierra (phone number: 919-555-7485), and the form is submitted on the due date. Notes: For simplicity, all calculations throughout this exercise, both intermediate and final, should be rounded to two decimal places at each calculation. Remember, the Additional Withholding amount for Michael Sierra is comprised of flexible spending account contributions. Consider whether these are taxable when completing the necessary forms and calculations.

  Pay Period 12/12/2021 Pay Date 12/16/2021 Emmlavana Cawinna Danard Employe

Pay Period 12/12/2021 Pay Date 12/16/2021 Earnings Deductions Employee Name Hours Regular Regular Regular Rate Earnings Overtime Overtime Overtime Hours Rate Earnings Total Earnings FWT SWT Social Security Medicare Vol. With. Check Number Net Pay Fox, Z 40 $28.00 $1,120.00 1 $42.00 Bell, C 40 $7.30 $292.00 11.5 $10.95 $42.00 $125.93 $1,162.00 $81.54 $58.10 $72.04 $417.93 $16.00 $19.64 $25.91 $16.85 $32.00 $6.06 $47.08 092 093 $901.47 $303.24 Alexander, D n/a n/a $4,050.00 n/a n/a Sierra, M n/a n/a $2,450.00 n/a n/a $4,050.00 $720.90 $178.20 $ $2,450.00 $239.82 $120.00 $81.23 $506.00 094 $2,563.67 $148.80 $34.80 $75.00 095 $1,831.58 $ $ $ $ $ $ $ $ $ $ Totals: $7,912.00 $167.93 $8,079.93 $1,058.26 $375.94 $246.75 $ $ $ $138.94 $660.08 $5,599.96 $