Question

Look-Back Periods 1. Label the following look-back periods for 20XC by months. A B C D 20XA 20XB Monthly versus Semiweekly Depositor 2. In December 200B, Becky tries to find out whether she is a monthly or semiweekly depositor for FICA (OASDI and Medicare) and federal income tax for 20XC. Please advise based on the following taxes owed: 20XA Quarter 3 Quarter 4 Quarter 1 Quarter 2 $44,000 10,000 3,100 10,700 20XB

what do you mean by Not Finance

Answer 1

If tated then such otherwise deposits is more than $50,000 deposito is semiweekly deposits monthly deposits In present case for year roxe hotel depoots! 200 A quartor 3 Euarter 4 quarters swasten & 20XB 44; 60o 10,000 3,100 10,700 . 67,800 the year roxo sh, i tutol esperits & Sest weekly

so, total deposits for noxe is more than $50,000 de $67, goo .go, Becky is semiweekly deposits for ELLA and federal income tax for love Non-finance means, Things are not at all linked to Finance & facien financiers Non-france come across in matters any are revely. corporation.