Question: Show me the steps to solve for line 2 on the quarterly tax form i dont know how $ 3 8 , 7 2 0
Show me the steps to solve for line on the quarterly tax form i dont know how $ turned into $ for wages tips and other compensation. Also for like a taxable wages. how did they get $ as the answer? correct answers shown in the image
other information:
The firstquarter tax return needs to be filed for Prevosti Farms and Sugarhouse by April For the taxes, assume the second February payroll amounts were duplicated for the March and March payroll periods, and the new benefit elections went into effect as planned. The form was completed and signed on April
Benefit Information Exempt
Federal FICA
Health Insurance Yes Yes
Life Insurance Yes Yes
Longterm Care Yes Yes
FSA Yes Yes
k Yes No
Gym No No
Owner's name Toni Prevosti
Address Westminster Road, Bridgewater, VT
Phone
Number of employees
Gross quarterly wages exclusive of fringe benefits $
Federal income tax withheld $
k contributions $
Section withheld $
Gym Membership add to all taxable wages, not included above $
Month Deposit $
Month Deposit $
Month Deposit $
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