941 Report


941 Report
1st Quarter

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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