Question: m #3 - Chapters 5 & 6 The information given below was taken from the payroll records of Clegg Company (Oregon employer) for 20-

m #3 - Chapters 5 & 6 The information given below was taken from the payroll records of Clegg Company (Oregon employer) for 20- Use the information to complete the partially illustrated Form 940 shown below. Assume that all taxes were deposited timely Total remuneration: $155,900 Included in the total remuneration is $3,000 of employer's contributions to the employees' 401(k) plans. Remuneration in excess of $7,000 $66,670 Taxable remuneration by quarters 1st quarter 2nd quarter 3rd quarter 4th quarter $43,700 $24.940 $14.360 $3,230 If required, round your answers to two decimal places. UTO tax before adjustments. If any line does NOT apply, leave it blank.
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
