Jacob Turner hired Jen Hatcher as a housekeeper starting on January 2 at $750 per month. Jacob

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Jacob Turner hired Jen Hatcher as a housekeeper starting on January 2 at $750 per month. Jacob does not withhold any federal taxes. Assume that Jen is not a housekeeper for anyone else. Assume Jacob paid $2,250 in wages for the fourth quarter of 2019.

a. How much in social security tax should Jacob pay?

b. How much in Medicare tax should Jacob pay?

c. How much in FUTA tax should Jacob pay?

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Fundamentals Of Taxation 2020 Edition

ISBN: 9781260483147

13th Edition

Authors: Ana Cruz, Michael Deschamps, Frederick Niswander, Debra Prendergast, Dan Schisler

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