Preparing the transmittal of wage and tax statements


Form W-3

Response to the following problem:

Golden Door Company (EIN 39-0630726), 1906 North Avenue, Reno, Nevada 23431, withheld income and social security taxes from each of its 28 employees during 2014. Golden's telephone number is (619) 438-2444. In 2015 it prepared and sent to each employee a separate Form W-2. All wages paid to employees total $225,250. Total federal income taxes withheld from employees were $36,250. Total social security and Medicare wages equaled $209,850. No employee's wages exceeded $117,000 during 2014.

Prepare the company's Form W-3, Transmittal of Wage and Tax Statements. Golden Door is a 941 payer. If no entry applies to the box, leave it blank. Have Marsha A. Golden, president of Golden, sign the form on January 21, 2015.

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Taxation: Preparing the transmittal of wage and tax statements
Reference No:- TGS02109838

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