Employer Payroll Tax

  1. Form 941
    • Employers Q (1/4) Fed Tax Return:
    • Fed income tax wh,
    • SS taxes ER + EE,
    • Medicare ER + EE.
    • For Quarter.
  2. Form 8109
    • Add up all Fed income taxes, FICA ER + EE.
    • Use this form to deposit $$ into Fed depository bank.
  3. Form W-2
    • Wage & Tax Statement, required to go to each EE.
    • Total earnings and deductions for year. Comes from individual earnings record.
    • Due ANNUALLY.
  4. Form W-3
    • Transmittal of Wage & Tax Statements:
    • ER submits with W-2 statements to SS Admin.
    • Reports TOTAL wage & wh info for ALL EEs.
    • Due ANNUALLY.
  5. Form 940
    • ER Federal FUTA Return.
    • Use Form 8109 to depos taxes.
    • ANNUAL.
  6. FUTA
    • Form 8109
    • Quarterly
    • First $7000 of each EE per year.
  7. SUTA
  8. SS-4
    Request by a business for an EIN.
Author
Anonymous
ID
198319
Card Set
Employer Payroll Tax
Description
Accounting Ch 10 payroll tax forms, listing what is required on each form and when due.
Updated