Regina has four employees who earned $75,000, $27,000, $2,100, and $6,200 during 2020, respectively. She paid 5.4

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Regina has four employees who earned $75,000, $27,000, $2,100, and $6,200 during 2020, respectively. She paid 5.4 percent for state unemployment tax. How much FUTA tax will Regina owe for the four employees?

a.$321.60

b.$133.80

c.$882.40

d.$224.00

e.$163.70

Related Book For answer-question

Income Tax Fundamentals 2013

ISBN: 9781285586618

31st Edition

Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill

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Posted Date: Jul 09, 2024 12:59 AM

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Regina has four employees who earned $75,000, $27,000, $2,100, and $6,200 during 2020, respectively. She paid 5.4

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Income Tax Fundamentals 2013

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