Question
Joseph Farmer earned $128,000 in 2020 for a company in Kentucky. He is single with one dependent under 17 and is paid monthly. The FUTA
Joseph Farmer earned $128,000 in 2020 for a company in Kentucky. He is single with one dependent under 17 and is paid monthly. The FUTA rate in Kentucky for 2020 is 0.6 percent on the first $7,000 of employee wages, and the SUTA rate is 5.4 percent with a wage base of $10,800. Use the percentage method (or the IRS federal income tax withholding assistant) in Appendix C and the state information in Appendix D. Manual payroll system is used and Box 2 is not checked.
Federal income tax withholding $0.00 Social Security tax Medicare tax FUTA tax $42.00 SUTA tax State income tax withholding
dont copy from chegg or other sources.
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