PSa 6-4 Complete Form 941

Complete Form 941 for the 2nd quarter of 2018 for Longneck Corp. (employer identification #22-2222222). Assume that Longneck Corp. (located at 518 State Street, Seattle, WA 98101) chooses to complete and mail Form 941 on the due date. Based on the lookback period, Longneck Corp. is a monthly depositor. Assume that all necessary deposits were made on a timely basis and that the employer made deposits equal to the total amount owed for the quareter. All six employees worked during each of the three months, and the company does not choose to allow a third party to discuss the form with the IRS. Note that the form is signed by the companys controller, Arnold Ming (telephone #206-555-0101) and that no employee is subject to Additional Medicare Tax during the quarter. Second quarter earnings and associated taxes withheld from employee earnings are as follows.

Notes:

• For simplicity, all calculations throughout this exercise, both intermediate and final, should be rounded to two decimal places at each calculation.

	April Taxes	May Taxes	June Taxes	2nd Quarter Earnings
FWT	$850.00	$910.00	$880.00	$11,291.00
Social Security	$225.06	$244.90	$230.08	$11,291.00
Medicare	$52.64	$57.28	$53.81	$11,291.00