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Given the following data, compute the Net FUTA Tax due based on timely and untimely remittance of the SUTA for Get'r Done, Inc: Total wages

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Given the following data, compute the Net FUTA Tax due based on timely and untimely remittance of the SUTA for Get'r Done, Inc:

  • Total wages paid for the year were $165,250
  • Total wages subject to FUTA Tax are $57,500
  • Total SUTA obligation was $ 3300
  • Amount of SUTA paid late was $ 2500
  • image text in transcribed
Timely SUTA Remittance Late SUTA Remittance Total Annual Wages: 165,250 165,250 Wages paid in excess of $7000 limit (a) (e) Total Taxable Wages: 57,500 57,500 Gross FUTA Tax Due: (b) (f) Credit against FUTA (assume applicable) (c) (g) (d) (h)

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