Answered: Form 940 for 2020 (IRS), how do I…

Business

Accounting

Form 940 for 2020 (IRS), how do I determine the total payments to all employees?

College Accounting, Chapters 1-27

23rd Edition

ISBN:9781337794756

Author:HEINTZ, James A.

Publisher:HEINTZ, James A.

Chapter9: Payroll Accounting: Employer Taxes And Reports

Section: Chapter Questions

Problem 10RQ

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Form 940 for 2020 (IRS), how do I determine the total payments to all employees?

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To add to the question above, I received the gross pay for 4 quarters. 1st quarter was 5433.09, 2nd quarter 5433.09, 3rd quarter 5433.09 and 4th quarter 4179.30. Do I calculate all the numbers to add into line 3 or just 4th quarter?

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