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Only need required B a. Compute the amounts in this table for each employee. b. For the company, compute each total for FICA Social Security
Only need required B
a. Compute the amounts in this table for each employee. b. For the company, compute each total for FICA Social Security taxes, FICA Medicare taxes, FUTA taxes, and SUTA taxes. Complete this question by entering your answers in the tabs below. Required A Required B Compute the amounts in this table for each employee. Pay Subject to Pay Subject Pay Subject Pay Subject Cumulative FICA Social to FICA to FUTA to SUTA Employee Pay Security Medicare Taxes Taxes Ken S $ 6,000 $ 6,000 $ 6,000 $ 6,000 $ 6.000 Tim V 40,400 40,400 40,400 7,000 7,000 Steve S 87,000 87,000 87,000 7,000 7,000 Michelle W 143,500 128,400 143,500 7,000 7,000 Michael M 106,900 106,900 106,900 7.000 7,000 Zach R 128,400 128,400 128.400 7,000 7,000 Lori K 130.900 130,900 130,400 7,000 7,000 Kitty o 36,900 36,900 36,900 7,000 7,000 John W 4,000 4,000 4,000 4,000 4,000 Totals $ 684,000 $ 668.900 $ 683,500 $ 59,000 $ 59,000 RE Required B a. Compute the amounts in this table for each employee. b. For the company, compute each total for FICA Social Security taxes, FICA Medicare taxes, FUTA taxes, and SUTA taxes. Complete this question by entering your answers in the tabs below. * Required A Reqired B For the company, compute each total for FICA Social Security taxes, FICA Medicare taxes, FUTA taxes, and SUTA taxes. (Round your final answers to 2 decimal places.) ces Tax Paid by Employee Tax Paid by Employer Total Tax FICA Social Security taxes FICA Medicare taxes FUTA taxes SUTA taxes Step by Step Solution
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