Question

Answer the following questions:

If a non-exempt employee is paid $15 per hour and works 45 hours in one week what will his gross wages be?

1.What is a Federal Form 941 for?

2.What is a Form W-2?

3.What is a Form W-4?

4.What is a Form I-9?

5.What is a Form 1040?

Answer 1

Form federal 941 is for Report income taxes, social security tax, or Medicare tax withheld from employee's paychecks. Pay the employer's portion of social security or Medicare tax..

Form w-2 is for an Internal Revenue Service tax form used in the United States to report wages paid to employees and the taxes withheld from them.

Form w-4 is for indicate his or her tax situation to the employer. The W-4 form tells the employer the correct amount of tax to withhold from an employee's paycheck .

Form I-9 Employment Eligibility Verification, is a United States Citizenship and Immigration Services form.

Form 1040 is an IRS tax form used for personal federal income tax returns filed by United States residents. The form calculates the total taxable income of the taxpayer and determines how much is to be paid or refunded by the government.