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Required information Problem 6-4A & 6-5A (Algo) [The following information applies to the questions displayed below.] Gerald Utsey earned $47,600 in 2021 for a company
Required information Problem 6-4A \& 6-5A (Algo) [The following information applies to the questions displayed below.] Gerald Utsey earned $47,600 in 2021 for a company in Kentucky. He is single with one dependent under 17 and is paid weekly. The FUTA rate in Kentucky for 2021 is 0.6 percent on the first $7,000 of employee wages, and the SUTA rate is 5.4 percent with a wage base of $11,100. Use the percentage method in and the state information in Appendix D. Manual payroll system is used and Box 2 is not checked. Problem 6-4A (Algo) lequired: Compute the following employee share of the taxes. (Do not round intermediate calculation. Round your final answers to 2 decimal laces.)
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