CPP 5 1 ( 1) Calculate and Record Employer Payroll Taxes Calculate employer's total FUTA and SUTA tax As TCLH Industries operates in North Carolina, assume a SUTA tax rate of 1 2 and a taxable earnings threshold of $23,500 Current period taxable earnings for FUTA and SUTA taxes are the same as those for FICA taxes Year to date taxable earnings for FUTA and SUTA taxes, prior to the current pay period, are as follows Find the SUTA and FUTA taxes for Zachary, Calvin, David, and Michael Zachary Fox $0 Calvin Bell $20,478 57 David Alexander $198,450 Michael Sierra $117,600 CPP 5 1 ( 1) Calculate and Record Employer Payroll Taxes Calculate employer's total FUTA and SUTA tax As TCLH Industries operates in North Carolina, assume a SUTA tax rate of 1 2 and a taxable earnings threshold of $23,500 Current period taxable earnings for FUTA and SUTA taxes are the same as those for FICA taxes Year to date taxable earnings for FUTA and SUTA taxes, prior to the current pay period, are as follows Zachary Fox $0 Calvin Bell $20,478 57 David Alexander $198,450 Michael Sierra $117,600 CPP 5 1 ( 1) Calculate and Record Employer Payroll Taxes Calculate employer's total FUTA and SUTA tax As TCLH Industries operates in North Carolina, assume a SUTA tax rate of 1 2 and a taxable earnings threshold of $23,500 Current period taxable earnings for FUTA and SUTA taxes are the same as those for FICA taxes Year to date taxable earnings for FUTA and SUTA taxes, prior to the current pay period, are as follows Zachary Fox $0 Calvin Bell $20,478 57 David Alexander $198,450 Michael Sierra $117,600

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CPP 5 1 ( 1) Calculate and Record Employer Payroll Taxes Calculate employer's total FUTA and SUTA tax  As TCLH Industries operates in North Carolina, assume a SUTA tax rate of 1 2  and a taxable earnings threshold of $23,500  Current period taxable earnings for FUTA and SUTA taxes are the same as those for FICA taxes  Year to date taxable earnings for FUTA and SUTA taxes, prior to the current pay period, are as follows  Find the SUTA and FUTA taxes for Zachary, Calvin, David, and Michael Zachary Fox  $0 Calvin Bell  $20,478 57 David Alexander  $198,450 Michael Sierra  $117,600 CPP 5 1 ( 1) Calculate and Record Employer Payroll Taxes Calculate employer's total FUTA and SUTA tax  As TCLH Industries operates in North Carolina, assume a SUTA tax rate of 1 2  and a taxable earnings threshold of $23,500  Current period taxable earnings for FUTA and SUTA taxes are the same as those for FICA taxes  Year to date taxable earnings for FUTA and SUTA taxes, prior to the current pay period, are as follows  Zachary Fox  $0 Calvin Bell  $20,478 57 David Alexander  $198,450 Michael Sierra  $117,600 CPP 5 1 ( 1) Calculate and Record Employer Payroll Taxes Calculate employer's total FUTA and SUTA tax  As TCLH Industries operates in North Carolina, assume a SUTA tax rate of 1 2  and a taxable earnings threshold of $23,500  Current period taxable earnings for FUTA and SUTA taxes are the same as those for FICA taxes  Year to date taxable earnings for FUTA and SUTA taxes, prior to the current pay period, are as follows  Zachary Fox  $0 Calvin Bell  $20,478 57 David Alexander  $198,450 Michael Sierra  $117,600

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CPP 5-1 (#1) Calculate and Record Employer Payroll Taxes Calculate employer's total FUTA and SUTA tax. As TCLH Industries operates in North Carolina, assume a

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