Question: HW Problem - Part 3 Module 6 The following 3 employees are PAID monthly and this is the last payday of the year ( Dec

HW Problem - Part 3 Module 6
The following 3 employees are PAID monthly and this is the last payday of the year (Dec).
Gross and Net Pay for all employees has remained the same all year.
Besides the Federal and FICA taxes withheld, the employee also has State W/H (use the Indiana
rate from class notes) and assume all employees live in Marion county.
Emlie D.-regular pay $16,700401K$1,500? Medical $1,100. F/Wh $1,550
Kaira J.- regular pay $15,600/401K$1,300/ Medical $950 F/Wh $2,300
Eric.W.- regular pay $5,200401K $400 Medical $550 F/Wh $450
**F/Wh = Federal Withholdings
Before answering questions 13-22 in IvyLearn, you may want to fill out your own template and
compare to the given one.
Figure the Form 941 and W2 amounts.
Question 19
What is Box 1 of the W2 for Emlie?
Question 20
What is Box 2 of the W2 for Emlie?
 HW Problem - Part 3 Module 6 The following 3 employees

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!