Using the following W-2 to answer were the item goes on a 1040 federal tax form. You will likely need to pull up a 2020 Federal Income Tax form to answer the questions about Angela.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Using the following W-2 to answer were the item goes on a 1040 federal tax form.
You will likely need to pull up a 2020 Federal Income Tax form to answer the
questions about Angela.
Details about Angela:
Age 22
• Is at college on a partial scholarship but her parents pay room & board and
help with other expenses
• Worked 20 hours/week during the school year at a local plant nursery
a Employee's social security number For Official Use Only
085-XX-XXXX
OMB No. 1545-0008
b Employer Identification Number (EIN)
55-XXXXXXX
1 Wages, tips, other compensation 2 Federal income tax withheld
$13,312.00
$1,535.55
c Employer's name, address, and ZIP code
3 Social security wages
4 Social secuity tax withheld
$13,312.00
$825.34
5 Medicare wages and tips
6 Medicare tax withheld
$193.02
$13,312.00
Sunny Grow Nursery
777 Rosewood Blvd.
San Jose, CA 95102
7 Social security tips
8 Allocated tips
d Employee's social security number
085-XX-XXXX
9 Verification Code
10 Dependent care benefits
e Employee's first name and initial
Last name
Suff. 11 Nonqualfied plans
12a See instructions for box 12
Statutory
13 employee
Retirement Third-party
plan
sick pay
12b
14 Other
12c
12d
ANGELA LI
123 Sunnytown Ln.
San Jose, CA 94204
f Employee's address and ZIP code
15 State
Employer's State ID number
18 Local wages, tips, etc.
16 State wages, tips, etc.
$13,312.00
17 State income tax
19 Local income tax
20 Locality name
CA
55-XXXXXXX
$190.42
Department of the Treasury - IRS
Transcribed Image Text:Using the following W-2 to answer were the item goes on a 1040 federal tax form. You will likely need to pull up a 2020 Federal Income Tax form to answer the questions about Angela. Details about Angela: Age 22 • Is at college on a partial scholarship but her parents pay room & board and help with other expenses • Worked 20 hours/week during the school year at a local plant nursery a Employee's social security number For Official Use Only 085-XX-XXXX OMB No. 1545-0008 b Employer Identification Number (EIN) 55-XXXXXXX 1 Wages, tips, other compensation 2 Federal income tax withheld $13,312.00 $1,535.55 c Employer's name, address, and ZIP code 3 Social security wages 4 Social secuity tax withheld $13,312.00 $825.34 5 Medicare wages and tips 6 Medicare tax withheld $193.02 $13,312.00 Sunny Grow Nursery 777 Rosewood Blvd. San Jose, CA 95102 7 Social security tips 8 Allocated tips d Employee's social security number 085-XX-XXXX 9 Verification Code 10 Dependent care benefits e Employee's first name and initial Last name Suff. 11 Nonqualfied plans 12a See instructions for box 12 Statutory 13 employee Retirement Third-party plan sick pay 12b 14 Other 12c 12d ANGELA LI 123 Sunnytown Ln. San Jose, CA 94204 f Employee's address and ZIP code 15 State Employer's State ID number 18 Local wages, tips, etc. 16 State wages, tips, etc. $13,312.00 17 State income tax 19 Local income tax 20 Locality name CA 55-XXXXXXX $190.42 Department of the Treasury - IRS
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