Jealous Frog Toys paid its twenty-two employees a total of $952,594.23 during 2020. All employees have worked there for the full calendar year and reached the FUTA wage base during the first quarter. Taxes were deposited on time. The employer contributed $12,920 to retirement plans during the year. Jealous Frog Toys is located at 783 Morehead Street, Fargo, ND 68383, phone number 701-555-3432. The owner is Noah Jackson, and the EIN is 73-4029848.
Required:
Complete Form 940. The form was signed and submitted on January 8, 2021.
-(NOTE): Instructions on format can be found on certain cells within the forms.
I need these 3 questions.
Questions:
5. Total of payments made to each to each employee in excess of $70,000________
13. FUTA tax deposited for year, including any overpayment applied from a prior year_______
16a. 1st quarter ( January 1 - March 31 ) _____
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