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Natasha2012 [34]
3 years ago
7

The current FUTA tax rate is 0.8%, and the SUTA tax rate is 5.4%. Both taxes are applied to the first $6,000 of an employee's pa

y. Assume that an employee earned total wages of $11,100. What is the amount of total unemployment taxes the employer must pay on this employee's wages?
A.) $688.20.
B.) $0.00.
C.) $599.40.
D.) $88.80.
E.) $372.00.
Business
1 answer:
ANTONII [103]3 years ago
6 0

Answer: E.) $372.00.

Explanation:

FUTA and SUTA are applied on the first $6,000.

FUTA Tax = 0.8% * 6,000

= $48

SUTA Tax = 5.4% * 6,000

= $324

Total Unemployment tax = 324 + 48

= $372

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