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1: An employer in Delaware City, DE, employs two individuals, whose taxable earnings to date (prior to the current pay period) are $6,100 and $8,800. During the current pay period, these employees earn $1,450 and $2,000, respectively. The applicable SUTA tax rate is 2.1%, and the Delaware SUTA threshold is $14,500. FUTA tax = $ SUTA tax = $ 1,101.00 385.35 × × 2: An employer in Bridgeport, CT, employs three individuals, whose taxable earnings to date (prior to the current pay period) are $5,500, $12,900, and $14,200. During the current pay period, these employees earn $2,200, $1,950, and $2,400, respectively. The applicable SUTA tax rate is 4.9%, and the Connecticut SUTA threshold is $15,000. FUTA tax = $ SUTA tax = $ 2,349.00 1,915.35 3: An employer in Wheaton, IL, employs two individuals whose taxable earnings to date (prior to the current pay period) are $1,420 and $12,871. During the current pay period, these employees earn $3,350 and $1,700, respectively. The SUTA tax rate is 4%, and the Illinois SUTA threshold is $13,271. FUTA tax = $ SUTA tax = $ 1,160.46 773.64 4: An employer in Durham, NC, employs three individuals whose taxable earnings to date (prior to the current pay period) are $6,000, $26,200, and $39,400. During the current pay period, these employees earn $980, $1,600, and $1,150, respectively. The SUTA tax rate is 1.2%, and the North Carolina SUTA threshold is $29,600. FUTA tax = $ SUTA tax = $ 4,519.80 903.96 × ×

1: An employer in Delaware City, DE, employs two individuals, whose taxable earnings to date (prior to the current pay period) are $6,100 and $8,800. During the current pay period, these employees earn $1,450 and $2,000, respectively. The applicable SUTA tax rate is 2.1%, and the Delaware SUTA threshold is $14,500. FUTA tax = $ SUTA tax = $ 1,101.00 385.35 × × 2: An employer in Bridgeport, CT, employs three individuals, whose taxable earnings to date (prior to the current pay period) are $5,500, $12,900, and $14,200. During the current pay period, these employees earn $2,200, $1,950, and $2,400, respectively. The applicable SUTA tax rate is 4.9%, and the Connecticut SUTA threshold is $15,000. FUTA tax = $ SUTA tax = $ 2,349.00 1,915.35 3: An employer in Wheaton, IL, employs two individuals whose taxable earnings to date (prior to the current pay period) are $1,420 and $12,871. During the current pay period, these employees earn $3,350 and $1,700, respectively. The SUTA tax rate is 4%, and the Illinois SUTA threshold is $13,271. FUTA tax = $ SUTA tax = $ 1,160.46 773.64 4: An employer in Durham, NC, employs three individuals whose taxable earnings to date (prior to the current pay period) are $6,000, $26,200, and $39,400. During the current pay period, these employees earn $980, $1,600, and $1,150, respectively. The SUTA tax rate is 1.2%, and the North Carolina SUTA threshold is $29,600. FUTA tax = $ SUTA tax = $ 4,519.80 903.96 × ×

Income Tax Fundamentals 2020
Income Tax Fundamentals 2020
38th Edition
ISBN:9780357391129
Author:WHITTENBURG
Publisher:WHITTENBURG
Chapter9: Payroll, Estimated Payments, And Retirement Plans
Section: Chapter Questions
Problem 13P
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1: An employer in Delaware City, DE, employs two individuals, whose taxable earnings to date (prior to the current pay period) are $6,100 and $8,800. During the current pay period, these employees earn $1,450 and $2,000, respectively. The applicable SUTA tax rate is 2.1%, and the Delaware SUTA threshold is $14,500. FUTA tax = $ SUTA tax = $ 1,101.00 385.35 × × 2: An employer in Bridgeport, CT, employs three individuals, whose taxable earnings to date (prior to the current pay period) are $5,500, $12,900, and $14,200. During the current pay period, these employees earn $2,200, $1,950, and $2,400, respectively. The applicable SUTA tax rate is 4.9%, and the Connecticut SUTA threshold is $15,000. FUTA tax = $ SUTA tax = $ 2,349.00 1,915.35 3: An employer in Wheaton, IL, employs two individuals whose taxable earnings to date (prior to the current pay period) are $1,420 and $12,871. During the current pay period, these employees earn $3,350 and $1,700, respectively. The SUTA tax rate is 4%, and the Illinois SUTA threshold is $13,271. FUTA tax = $ SUTA tax = $ 1,160.46 773.64 4: An employer in Durham, NC, employs three individuals whose taxable earnings to date (prior to the current pay period) are $6,000, $26,200, and $39,400. During the current pay period, these employees earn $980, $1,600, and $1,150, respectively. The SUTA tax rate is 1.2%, and the North Carolina SUTA threshold is $29,600. FUTA tax = $ SUTA tax = $ 4,519.80 903.96 × ×
Transcribed Image Text:1: An employer in Delaware City, DE, employs two individuals, whose taxable earnings to date (prior to the current pay period) are $6,100 and $8,800. During the current pay period, these employees earn $1,450 and $2,000, respectively. The applicable SUTA tax rate is 2.1%, and the Delaware SUTA threshold is $14,500. FUTA tax = $ SUTA tax = $ 1,101.00 385.35 × × 2: An employer in Bridgeport, CT, employs three individuals, whose taxable earnings to date (prior to the current pay period) are $5,500, $12,900, and $14,200. During the current pay period, these employees earn $2,200, $1,950, and $2,400, respectively. The applicable SUTA tax rate is 4.9%, and the Connecticut SUTA threshold is $15,000. FUTA tax = $ SUTA tax = $ 2,349.00 1,915.35 3: An employer in Wheaton, IL, employs two individuals whose taxable earnings to date (prior to the current pay period) are $1,420 and $12,871. During the current pay period, these employees earn $3,350 and $1,700, respectively. The SUTA tax rate is 4%, and the Illinois SUTA threshold is $13,271. FUTA tax = $ SUTA tax = $ 1,160.46 773.64 4: An employer in Durham, NC, employs three individuals whose taxable earnings to date (prior to the current pay period) are $6,000, $26,200, and $39,400. During the current pay period, these employees earn $980, $1,600, and $1,150, respectively. The SUTA tax rate is 1.2%, and the North Carolina SUTA threshold is $29,600. FUTA tax = $ SUTA tax = $ 4,519.80 903.96 × ×
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