Jacob Turner hired Jen Hatcher as a housekeeper starting on January 2 at $550 per month. Jacob

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Jacob Turner hired Jen Hatcher as a housekeeper starting on January 2 at $550 per month. Jacob does not withhold any federal taxes. Assume that Jen is not a housekeeper for anyone else. Assume Jacob paid $1,650 in wages for the fourth quarter of 2014.
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 2015

ISBN: 9781259293092

8th Edition

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

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