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Required information The following information applies to the questions displayed below.) Joseph Farmer earned $125,400 in 2020 for a company in Kentucky. He is single

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Required information The following information applies to the questions displayed below.) Joseph Farmer earned $125,400 in 2020 for a company in Kentucky. He is single with one dependent under 17 and is paid monthly. The FUTA rate in Kentucky for 2020 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 $10,800. Use the percentage method (or the IRS federal income tax withholding assistant) in Appendix and the state information in Appendix D. Manual payroll system is used and Box 2 is not checked. Required: Compute the following employee share of the taxes. (Do not round Intermediate calculation. Round your final answer to 2 decimal places) Answer is complete but not entirely correct. 0.00 IS Federal income tax withholding Social Security tax Medicare tax State income tax withholding $ S 7.774.80 1,818.30 9,593.10

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