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Practice, Practice, Practice Compute the FUTA and SUTA taxes for both the employer and employee in the scenario below. Practice State SUTA Chart and experience
Practice, Practice, Practice Compute the FUTA and SUTA taxes for both the employer and employee in the scenario below. Practice State SUTA Chart and experience rating is 9%. Wisconsin Movie Pics (WMP) provides services to the movie industry. FUTA wages are $14,517.36. Taxable SUTA wages are $17,743.44 on the first $ Richard Harris has worked for WMP for over 5 years and earns $806.52 per week. Compute both Wisconsin Movie Pics' total unemployment tax and, if applicable, the amount that would be withheld from Richard Harris's weekly paycheck. Note: Round all amounts to the nearest cent. If the answer is zero, enter "0". Note: Use the Practice State SUTA Chart link above to ensure that you have all the necessary unemployment information to complete the problem. Employer: Wisconsin Movie Pics FUTA tax SUTA tax Total unemployment tax State: Employee: Richard Harris Employee unemployment tax Assume instead that Richard Harris lives in Hawaii and has wages of $1,100 per week. The amount of SUTA withheld from his check would be? $ Practice, Practice, Practice Compute the FUTA and SUTA taxes for both the employer and employee in the scenario below. Practice State SUTA Chart and experience rating is 9%. Wisconsin Movie Pics (WMP) provides services to the movie industry. FUTA wages are $14,517.36. Taxable SUTA wages are $17,743.44 on the first $ Richard Harris has worked for WMP for over 5 years and earns $806.52 per week. Compute both Wisconsin Movie Pics' total unemployment tax and, if applicable, the amount that would be withheld from Richard Harris's weekly paycheck. Note: Round all amounts to the nearest cent. If the answer is zero, enter "0". Note: Use the Practice State SUTA Chart link above to ensure that you have all the necessary unemployment information to complete the problem. Employer: Wisconsin Movie Pics FUTA tax SUTA tax Total unemployment tax State: Employee: Richard Harris Employee unemployment tax Assume instead that Richard Harris lives in Hawaii and has wages of $1,100 per week. The amount of SUTA withheld from his check would be? $
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