Since the SUTA rates changes are made at the end of each year, the available 2022 rates were used for FUTA and SUTA. Note: For this textbook edition the rate 0.6% was used for the net FUTA tax rate for employers. Example 5-4 Total taxable earnings $49,290.00 Net rate of tax (6.0% 5.4%) 0.6% Amount of net FUTA tax $295.74 Cowen Company began its operations in August of the current year. During August and September, the company paid wages of