Question
For each of the following independent circumstances calculate both the FUTA and SUTA tax owed by the employer for each employee for the current pay
For each of the following independent circumstances calculate both the FUTA and SUTA tax owed by the employer for each employee for the current pay period:
1: An employer in Delaware City, Delaware, employs two individuals, whose taxable earnings to date (prior to the current pay period) are $6,100 and $8,800. During the current pay period, these employees earn $1,450 and $2,000, respectively. The applicable SUTA tax rate is 2.1%, and the Delaware SUTA threshold is $18,500. Employee 1: Employee 2: FUTA tax = $ FUTA tax=$ SUTA tax = $ SUTA tax=$
2:An employer in Bridgeport, Connecticut, employs three individuals, whose taxable earnings to date (prior to the current pay period) are $5,500, $12,900, and $14,200. During the current pay period, these employees earn $2,200, $1,950, and $2,400, respectively. The applicable SUTA tax rate is 4.9%, and the Connecticut SUTA threshold is $15,000. Employee 1: Employee 2: Employee 3: FUTA tax = $ FUTA tax=$ FUTA tax=$ SUTA tax = $ SUTA tax=$ SUTA tax=$
3: An employer in San Diego, California, employs two individuals, whose taxable earnings to date (prior to the current pay period) are $1,420 and $6,600. During the current pay period, these employees earn $3,350 and $1,700, respectively. The applicable SUTA tax rate is 3%, and the California SUTA threshold is $7,000. Employee 1: Employee 2: FUTA tax = $ FUTA tax=$ SUTA tax = $ SUTA tax=$
4: An employer in Durham, North Carolina, employs three individuals, whose taxable earnings to date (prior to the current pay period) are $6,000, $20,100, and $34,500. During the current pay period, these employees earn $980, $1,600, and $1,150, respectively. The applicable SUTA tax rate is 1.2%, and the North Carolina SUTA threshold is $22,300. Employee 1: Employee 2: Employee 3: FUTA tax = $ FUTA tax=$ FUTA tax=$ SUTA tax = $ SUTA tax=$ SUTA tax=$
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