PSC $6-7$ Complete Form W$-3$ Complete the W$-3$ Form for J$.$ Dodds, Inc. $($Employer Identification #$22-5555555),$ based on the employee information listed below. The company is located at $876$ James Street, Charleston, SC $29401,$ and its South Carolina state ID number is the same as its federal Employer Identification Number. The form is signed by the President of the company, Donald Baron $($telephone #$843-555-2245),$ and is submitted on the due date. The company files Form $941$ during the year and selects $$None apply$$ in the Kind of Employer section.

Employee #$1$: Donald Baron is an employee of J$.$ Dodds, Inc. Gross earnings for federal income tax withholding, Social Security tax, and Medicare tax were $$92,450\mathrm{.}05$ for the year, while these taxes were $$9,180,$ $$5,731\mathrm{.}90,$ and $$1,340\mathrm{.}53,$ respectively. Charitable contributions totaled $$5,890$ for the year, while the annual union dues were $$750.$ South Carolina income tax withholding was $$5,994($based on the above gross earnings for federal income tax$),$ with no local taxes withheld.

Employee #$2$: Damian South is an employee of J$.$ Dodds, Inc. Gross earnings for federal income tax withholding, Social Security tax, and Medicare tax were $$161,450\mathrm{.}02$ for the year, while these taxes were $$14,160,$ $$9,932\mathrm{.}40$ and $$2,341\mathrm{.}03,$ respectively. Annual union dues were $$750,$ and Damian elects to have charitable contributions of $$250$ withheld. South Carolina income tax withholding was $$9,134($based on the above gross earnings for federal income tax$),$ with no local taxes withheld.

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