Login

Need help figuring wages, social security wages, medicare, and state wages: Leda,...

50.1K

Verified Solution

Question

Accounting

Need help figuring wages, social security wages, medicare, and state wages:

Leda, Incorporated is located at $433$ Augusta Road, Caribou, Maine, $04736,$ phone number $207 - 555 - 1212 .$ The Federal EIN is $54 - 3910394,$ and it has a Maine Revenue Services number of $3884019 .$

Owner Kieran Leda has asked you to prepare Form W $- 2$ for each of the following employees of Leda, Incorporated as of December $31, 2022 .$

Name and Address Payroll information

Nova C $.$ Niehaus

$122$ Main Street, # $3$

Caribou, ME $04736$

SSN: $477 - 30 - 2234$

Dependent Care Benefit: $ $1, 930.00$

Total $2022$ wages: $ $34, 833.53$

$401 ($ k $)$ contribution: $ $1, 069.06$

Section $125$ contribution: $ $1, 630.00$

Federal income tax withheld: $ $2, 022.27$

Social Security tax withheld: $ $2, 058.62$

Medicare tax withheld: $ $481.45$

State Income tax withheld $ $1, 863.80 [$ The following information applies to the questions displayed below. $]$

Leda, Incorporated is located at $433$ Augusta Road, Caribou, Maine, $04736,$ phone number $207 - 555 - 1212 .$ The Federal EIN

is $54 - 3910394,$ and it has a Maine Revenue Services number of $3884019 .$

Required:

Owner Kieran Leda has asked you to prepare Form W $- 2$ for each of the following employees of Leda, Incorporated as of December $31,$

Answer & Explanation Solved by verified expert

answer-section

Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:

Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!

Become a Member

Other questions asked by students

Programming

1.2K views

Van Bemmelâ€™s model of applications in medicine and health care where he assigns a sliding scale...

Electrical Engineering

1.2K views

Jack wants to build a circuit to shift 4 bits (I0 to I3 from left to...

General Management

1.2K views

Identify the five conflict management styles and describe when each one would be appropriate.

Accounting

1.2K views

creating a journal v he following were selected from among the transactions completed by Babcock Company during November...

Biology

1.2K views

Question 2 When gene flow between two populations ceases the potential for O sexual reproduction...

Geometry

1.2K views

Solve ABC subject to the given conditions if possible Round the lengths of the sides...

Basic Math

1.2K views

Question 22 Round these numbers to three significant figures as shown in class 1 566...

Basic Math

1.2K views

The ages of boys in a football club are 10 11 11 10 12 13...

Basic Math

1.2K views

The equation y = 664(1.031)t models the number of students in a certain state that...

Accounting

1.2K views

Problem 4-1A (Algo) Preparing journal entries for merchandising activities LO P1, P2 Prepare journal entries...

Finance

1.2K views

Which of the following about core competencies is incorrect: Select one: a. Successful firms focus...

Finance

1.2K views

Which of the following statements is NOT true? Select one: a. Positive NPV is considered...

1 Answer

$0.99

~~$1.99~~

(Save $1 )

One time Pay

No Ads
Answer to 1 Question
Get free Zin AI - 50 Thousand Words per Month

Best

Unlimited

$4.99*

~~$9.99~~

(Save $5 )

Billed Monthly

No Ads
Answers to Unlimited Questions
Get free Zin AI - 3 Million Words per Month

*First month only

Free

$0

Get this answer for free!
Sign up now to unlock the answer instantly

You can see the logs in the Dashboard.

Sign In

Don't have an account? Sign Up