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How to calculate SUTA and FUTA in this situation? Calculate employer's total FUTA and SUTA tax. As TCLH Industries operates in North Carolina, assume a
How to calculate SUTA and FUTA in this situation?
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 $24,300. 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
- David Alexander: $198,450
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