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FINANCIAL ACCOUNTING
10th Edition
ISBN: 9781259964947
Author: Libby
Publisher: MCG
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
Transcribed Image Text:The first-quarter tax retum 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 payrol periods, and the new benefit
elections went into effect as planned. The form was completed and signed on April 11, 2023
Exempt
Benefit Information
Federal FICA
Health Insurance
Yes
Yes
Life Insurance
Yes
Yes
Long-term Care
Yes
Yes
FSA
Yes
Yes
401(k)
Yes
No
бул
No
No
Owner's name
Address
Phone
Number of employees
Gross quarterly wages lexclusive of fringe benefits)
Federal income tax withheld
401(k) contributions
Section 125 withheld
Gym Membership (add to all taxable wages, not included
above)
Manth 1 Deposit
Month 2 Deposit
Month 3 Deposit
Toni Prevosti
828 Westminster Road, Bridgewater, VT 05520.
882-555-3456
$ 38.720.96
$469.00
$ 1,514.27
$ 4,850.00
$ 90.00
50.00
$ 2,691.49
$3,091.35
Required:
Complete Form 941 for Prevosti Farms and Sugarhouse. Prevosti Farms and Sugarhouse was assigned EIN 22-6654454
Note: Instructions on format can be found on certain cells within the forms
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