941 Report

Index to Reports: Payroll Tab

Information required to fill out Federal IRS Form 941.

941 Report
1st Quarter

________________________________________________________________________

Total Federal Wages and Tips (Box 2):

$55,938.00

Total Federal Tax Withheld (Box 3, 5):

$10,940.79

           

Total Social Security Wages (Box 6a):

$58,746.00

*

12.40%

=

$7,284.50

Total Social Security Tips (Box 6b):

$0.00

*

12.40%

=

$0.00

Total Medicare Wages and Tips (Box 7):

$58,746.00

*

2.90%

=

$1,703.63

           

Total Social Security and Medicare Tax (Box 8):

$8,988.13

Total Taxes Excluding Adjustments (Box 11):

$19,928.92

Advanced Earned Income Credit (Box 12):

$0.00

Net Taxes Excluding Adjustments (Box 13):

$19,928.92