Question: The first - quarter tax return needs to be filed for Prevosti Farms and Sugarhouse by April 3 0 , 2 0 2 3 .

The first-quarter tax return needs to be filed for Prevosti Farms and Sugarhouse by April 30,2023. For the taxes, assume the second February payroll amounts were duplicated for the March 10 and March 24 payroll periods, and the new benefit elections went into effect as planned. The form was completed and signed on April 11,2023.
Required:
Complete Form 941 for Prevosti Farms and Sugarhouse. Prevosti Farms and Sugarhouse was assigned EIN 22-6654454. Read the separate instructions before you complete Form 941. Type or print within the boxes.
Part 1: \(\quad \) Answer these questions for this quarter.
1 Number of employees who received wages, tips, or other compensation for the pay period including: June 12(Quarter 2), September 12(Quarter 3), or December 12(Quarter 4)11b Nonrefundable portion of credit for qualified sick and family leave wages for leave taken before April 1,2021
11c Reserved for future use
11d Nonrefundable portion of credit for qualified sick and family leave wages for leave taken after March 31,2021, and before October 1,2021
11e Reserved for future use
11f Reserved for future use
11g Total nonrefundable credits.
Add lines 11a,11b, and 11d
12 Total taxes after adjustments and nonrefundable credits.
Subtract line 11g from line 10
13a Total deposits for this quarter, including overpayment applied from a prior quarter and overpayments applied from Form 941-X,941-X (PR),944-X, or 944-X (SP) filed in the current quarter
13b Reserved for future use
13c Refundable portion of credit for qualified sick and family leave wages for leave taken before April 1,2021
13d Reserved for future use
13e Refundable portion of credit for qualified sick and family leave wages for leave taken after March 31,2021, and before October 1,2021
13f Reserved for future use
13g Total deposits and refundable credits.
13h Reserved for future use
13i Reserved for future use
14 Balance due.
If line 12 is more than line 13 g , enter the difference and see instructions
15 Overpayment.
If line 13 g is more than line 12, enter the difference
0.00
Check one:
The first - quarter tax return needs to be filed

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!