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Business, 13.04.2021 02:50 jadenbun

The first quarter tax return needs to be filed for Prevosti Farms and Sugarhouse by April 15, 2019. For the purpose of the taxes, assume the second February payroll amounts were duplicated for the March 9 and March 23 payroll periods and the new benefit elections went into effect as planned. The form was completed and signed on April 10, 2019. The gym membership is for a dedicated facility for employees and spouses. Benefit Information Exclude: Federal FICA
Health Insurance Yes Yes
Life Insurance Yes Yes
Long-term Care Yes Yes
FSA Yes Yes
401(k) Yes No
Gym No No

Owner's name: Toni Prevosti
Address: 820 Westminster Road, Bridgewater, VT 05520.
Phone: 802-673-2636
Number of employees: 8 Gross
Quarterly wages: $32,085.15
Federal income tax withheld: $628.00
401(k) contributions: $1,259.90
Insurance withheld: $4,080.00
Gym membership: $90.00 (For the pay-period completed till March 23).

Monthly Deposits Amount
Month 1 $0
Month 2 $2,008.18
Month 3 $2,904.72

Required:
Complete Form 941 for Prevosti Farms and Sugarhouse.

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Answers: 2

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The first quarter tax return needs to be filed for Prevosti Farms and Sugarhouse by April 15, 2019....
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