QUESTION 4

1. An employee earned $61,200 during the year working for an employer. The FICA tax rate for Social Security is 6.2%of the first $128,400 of employee earnings per calendar year and the FICA tax rate for Medicare is 1.45% of all earnings. The current FUTA tax rate is 0.6%, and the SUTA tax rate is 5.4%. Both unemployment taxes are applied to the first $7000 of an employee's pay. What is the amount of total unemployment taxes theemployeemust pay?

$101.50$0.00$56.00$434.00$378.00