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4 Part1of2 5 points Required information [T he following information applies to the questions displayed below. ] Joseph Farmer earned $125,800 in 2020 for a
4 Part1of2 5 points Required information [T he following information applies to the questions displayed below. ] Joseph Farmer earned $125,800 in 2020 for a company in Kentucky. He is single with one dependent under 17 and is paid monthly. The FUTA rate in Kentucky for 2020 is 0.6 percent on the rst $7,000 of employee wages, and the SUTA rate is 5.4 percent with a wage base of $10,800. Use the percentage method (or the IRS federal income tax withholding assistant) in Appendix C and the state information in Appendix D. Manual payroll system is used and Box 2 is not checked. Required: Compute the following employee share of the taxes. {Do not round intermediate calculation. Round your nal answer to 2 decimal places) 0 Answer is complete but not entirely correct. Federal income tax withholding $ 0000 Social Security lax $ 7,812.00 0 Medicare tax $ 1,827.00 9 Slate income tax withholding $ 6,939.00 6 Required information [The following information applies to the questions displayed below. J Joseph Farmer earned $125,800 in 2020 for a company in Kentucky. He is single with one dependent under 17 and is paid monthly. The FUTA rate in Kentucky for 2020 is 0.6 percent on the rst $7,000 of employee wages, and the SUTA rate is 5.4 percent with a wage base of $10,800. Use the percentage method (or the IRS federal income tax withholding assistant) in Appendix C and the state information in Appendix D. Manual payroll system is used and Box 2 is not checked. Required: Compute the employer's share of the taxes. (Do not round intermediate calculation. Round your final answer to 2 decimal places.) Federal income tax withholding Social Security tax Medicare tax FUTA lax SUTA lax State income tax withholding
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