Preparing Form W-2 A company’s employer payroll taxes are 0.8% for federal unemployment taxes, 5.4% for state unemployment taxes, 6.2% for FICA Social Security taxes on earnings up to \($94,200\), and 1.45% for FICA Medicare taxes on all earnings. Compute the Form W-2 Wage and Tax Statement information required below for the following employees:

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Federal Income Employee A. Baker C. Dirkson Gross Earnings Taxes Withheld $84,000 52,000 $17,600 8,200 W-2 Information Federal income tax withheld.. Wages, tips, other compensation Social Security tax withheld Social Security wages Medicare tax withheld Medicare wages A. Baker C. Dirkson