Compute the employer's payroll tax expense based on the following totals found on a completed payroll register

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Compute the employer's payroll tax expense based on the following totals found on a completed payroll register dated November 15. Gross pay = $40,800.00 Taxable eamings for FUTA/SUTA = $1,750.00 Taxable camings for OASDI = $30,000.00 Deductions: FIT = $6,600.00; SIT = $1,224.00; FICA OASDI = $1,860.00; FICA Medicare = $591.60 Other information: FUTA rate=0.6%; SUTA rate = 2.7% (Round to the nearest cent.) . Total Choose from any list or enter any number in the input fields and then continue to the next

Posted Date: Jul 11, 2024 08:11 AM

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Compute the employer's payroll tax expense based on the following totals found on a completed payroll register

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