Form Jw-3 - Reconciliation Of Jedd Income Tax Withheld - 2007

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2007 Reconciliation of JEDD Income Tax Withheld
JW-3 WORKSHEET - KEEP FOR YOUR RECORDS
The Due Date for filing your JW-3 & W-2s is January 31, 2008
Form JW - 3 is the year end reconciliation for employee withholding. This form should be filed with copies of
employee W-2's, diskette, CD, magnetic tape or approved listing.
LINE 1. Enter your total payroll for the year.
LINE 2. Enter wages which are NOT subject to the JEDD tax . Write a brief explanation on the back of the form.
LINE 3. Subtract LINE 2 from LINE 1 and enter the result.
LINE 4. Multiply Line 3 by 2.25% and enter the result.
LINE 5. Run a calculator tape of the JEDD tax withheld, using the employee W-2's. Attach this tape and enter the
result here.
Next, enter the number of employee W-2's on the line under the name & address box.
TOTAL JEDD INCOME TAX DEPOSITS
Add the withholding payments you made to the JEDD for each quarter and enter the results on the lines provided.
LINE 6. Enter the quarterly total of your deposits here.
LINE 7. Enter the highest figure of LINES 4 or 5.
LINE 8. Subtract LINE 6 from LINE 7 and enter any BALANCE DUE or CREDIT to be applied to next year here.
(Place parentheses around CREDITS.)
1. Total payroll for Year .................................................................... $_____________
2. Payroll not subject to JEDD TAX
................................... $_____________
(Explain)
3. Payroll subject to JEDD ............................................................... $_____________
4. TOTAL TAX DUE
............................................ $_____________
(2.25% of LINE 3)
5. Total tax withheld per W-2's
.................................... $_____________
(Attach Tape)
TOTAL JEDD INCOME
TAX
DEPOSITS
st
Quarter Ended Mar 31
.............................................. $ ____________
th
Quarter Ended Jun 30
.............................................. $ ____________
th
Quarter Ended Sep 30
............................................... $ ____________
st
Quarter Ended Dec 31
............................................... $ ____________
6. Total Deposits for Year .............................................................. $_____________
7. Total JEDD INCOME TAX
.................... $_____________
(Higher of LINES 4 or 5)
8. BALANCE DUE
............................. $_____________
(Subtract LINE 6 from LINE 7)
(Credits are applied to the following year)
ENTER
NUMBER OF W - 2 ' S OR NUMBER
OF EMPLOYEES REPORTED WITH THIS FILING ....................
________
JEDDs - PO BOX 80538 - Akron, OH 44308
(330) 375 - 2037

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