PSA $5-5$ Calculate FUTA and SUTA Tax

For each circumstances, calculate both the FUTA and SUTA tax owed by the employer:

NOTE: For simplicity, all calculations throughout this exercise, both intermediate and final, should be rounded to two decimal places at each calculation. pay period, these employees earn $$1,750$ and $$2,750,$ respectively. The SUTA tax rate is $4\%,$ and the U$.$S$.$ Virgin Islands SUTA threshold is $$30,800.$

FUTA tax $=$$

SUTA tax $=$ current pay period, these employees eam $$3,600,$$$2,280,$ and $$1,790,$ respectively. The SUTA tax rate is $3\mathrm{.}4\%,$ and the New Jersey SUTA threshold is $$41,400.$

FUTA tax$=s$

SUTAtax $=5$ period, these employees earn $$2,900$ and $$1,700,$ respectively. The SUTA tax rate is $2\mathrm{.}5\%,$ and the Ohio SUTA threshold is $$9,000.$

FUTA tax $=$$

SUTA tax $=$ s current pay period, these employees earn $$3,750,$$$4,460,$ and $$1,680,$ respectively. The applicable SUTA tax rate is $2\mathrm{.}5\%,$ and the Alaska $ UTA threshold is $$46,800.$

FUTA tax$=$$

SUTA tax$=$