Question

w-2 from wayland custom woodworking

Answer 1

Wayland Custom Woodworking is a manufacturing company that produces custom cabinets and woodworks for commercial and residential requiirements. The firm is situated at 1716 Nicholas Street, Logan, Utah, 84321. Mark Wayland is theproprietor of Wayland Custom Woodworks. The employees in this company are paid on semi-monthly basis and federal income are evaluated using percentage method.

Employee's Form W-2 in part 2 is prepared for each employee and annual tax forms are prepared by the owner.

On the initial $ 32,200, the SUTA (UI) rate for this form is 2.6%. There will be 5% state withholding rate for every income level and marital statuses. This is used for evaluating Utah witholding tax for all employees using the specified tax tables.