Chapter 5 5–15
5–17A.
(a) Tax payment: 1/31/2019 $474.60
(b) Employer’s Report for Unemployment Compensation—State D:
5–16 Payroll Accounting
5–17A. (Continued) (c) Form 940
Chapter 5 5–17
5–17A. (Concluded)
(c) Form 940
Source: Internal Revenue Service.
5–18 Payroll Accounting
Solutions—Problem Set B
5–2B. Earnings subject to FUTA and SUTA:
5–6B. (a) FUTA taxable wages:
(b) SUTA taxable wages:
Chapter 5 5–19
5–9B. (a) Gross payroll …………………………………………………………… $ 128,610
Less: Payroll to partners (nontaxable) …………………………. (71,000)
5–10B. (a) $193,900 × 0.043 × 90% …………………………………………… $ 7,503.93
5–20 Payroll Accounting
5–14B. (a) Taxable OASDI HI
Chapter 5 5–21
5–15B. (a) State contributions:
Total annual payroll for last three years:
2015
2017
$ 14,000
5–22 Payroll Accounting
5–16B. Form 940
Chapter 5 5–23
5–16B. Form 940 (Continued)
Source: Internal Revenue Service.
5–24 Payroll Accounting
5–16B. Form 940 (Concluded)
Chapter 5 5–25
5–17B.
(a) Tax payment: 1/31/19 $1.80
(b) Employer’s Report for Unemployment Compensation—State D:
This report is to be filed by January 31, 2019, and a check for $10.80 must accompany the
tax report.
5–26 Payroll Accounting
5–17B. (Continued) (c) Form 940
Chapter 5 5–27
5–17B. (Concluded) (c) Form 940
Source: Internal Revenue Service.
5–28 Payroll Accounting
Continuing Payroll Problem A (p. 5–59)
See the completed payroll register on pages CPP-1 through CPP-3.
Continuing Payroll Problem B (p. 5–59)
See the completed payroll register on pages CPP-4 through CPP-6.
Case Problem (p. 5–59)
Case 5–1
The eligibility reports received from the state must be examined carefully before being
signed and returned to the state. Someone in authority (in the Personnel Department)
should have charge over these reports and be the only one who can sign them. This
person should know the reasons for an employee’s leaving the company. If this change is
instituted, employees who quit voluntarily or who were discharged for misconduct would
have this noted on their eligibility notices. This would disqualify them from collecting
benefits.