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GTW Incorporated., did not make timely deposits for SUTA purposes and its state wages subject to SUTA and FUTA were $289,000. Assume the wage limit
GTW Incorporated., did not make timely deposits for SUTA purposes and its state wages subject to SUTA and FUTA were $289,000. Assume the wage limit was reached prior to July 1, 2020.
Calculate the amount of tax due on the 940.
How much would the FUTA tax have been if GTW made timely deposits to its state fund?
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