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Check my work Required information [The following information applies to the questions displayed below.] Part 1 of 3 BMX Company has one employee. FICA Social
Check my work Required information [The following information applies to the questions displayed below.] Part 1 of 3 BMX Company has one employee. FICA Social Security taxes are 6.2% of the first $127,200 paid to its employee, and FICA Medicare taxes are 1.45% of gross pay. For BMX, its FUTA taxes are 3.1% and SUTA taxes are 2.9% of the first $7,000 paid to its employee. points Skipped Gross Pay through August 31 $ 5,300 1,700 120,100 Gross Pay for September $2,600 2,900 8,800 eBook Hint Compute BMX's amounts for each of these four taxes as applied to the employee's gross earnings for September under each of three separate situations (a), (b), and (C). (Round your answers to 2 decimal places. Leave no cells blank.) Print September Earnings Subject to Tax Tax Rate Tax Amount References Tax FICASocial Security FICAMedicare FUTA SUTA b) Tax FICASocial Security FICAMedicare FUTA SUTA September Earnings Subject to Tax Tax Rate Tax Amount September Earnings Subject to Tax Tax Rate Tax Amount Tax FICASocial Security FICA-Medicare FUTA SUTA
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