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

Complete Form W-2 for Zachary Fox of TCLH Industries (Located at: 202 Whitmore Avenue, Durham, NC 27701; Employer Identification #44-4444444). The company does not use control numbers, and its state identification number is the same as its federal identification number. Note that the state withholding tax rate for regular earnings is 5%. Additionally, assume that Zachary Fox earns the same amount for each of the final three weeks of the year (the only weeks in 2021 during which he worked). The information you need to complete this exercise can be found by clicking the links below.

Notes:

• For simplicity, all calculations throughout this exercise, both intermediate and final, should be rounded to two decimal places at each calculation.
• You may need to scroll within the employee earnings records to find the needed employee.

• Payroll Register
• Employee Earnings Records for Pay Period Ending 12/12/2021
• Employee Earnings Records Year to Date
• 4th Quarter Taxes