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Check my work 7 Required information Problem 6-4A & 6-5A [The following information applies to the questions displayed below. Part 1 of 2 The folowing
Check my work 7 Required information Problem 6-4A & 6-5A [The following information applies to the questions displayed below. Part 1 of 2 The folowing information 2.5 points Joseph Farmer earned $80,000 in 2017 for a company in Kentucky. He is single with 1 withholding allowance and is paid annually. The FUTA rate in Kentucky for 2017 is 0.6 percent on the first $7,000 of employee wages, and the SUTA rate is 5.4 percent with a wage base of $10,200. Use the percentage method withholding tables in Appendix C eBook Problem 6-4A Required: Compute the following employee share of the taxes. (Round your answers to 2 decimal places.) Federal income tax withholding Social Security tax Medicare tax Check my work Required information Problem 6-4A & 6-5A [The following information applies to the questions displayed below.] Part 2 of 2 2.5 polnts Joseph Farmer earned $80,000 in 2017 for a company in Kentucky. He is single with 1 withholding allowance and is paid annually. The FUTA rate in Kentucky for 2017 is 0.6 percent on the first $7,000 of employee wages, and the SUTA rate is 5.4 percent with a wage base of $10,200. Use the percentage method withholding tables in Appendix C. eBook Problem 6-5A Print Required Compute the employer's share of the taxes. (Round your answers to 2 decimal places.) References Federal income tax withholding Social Security tax Medicare tax FUTA tax SUTA tax
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