Since the SUTA rates changes are made at the end of each year and there is much discussion about changes to the FUTA rate, he avilable 2016 rates were used for FUTA and SUTA. Note: For this textbook edition the rate 0.6% was used for the FUTA tax rate for employers. Example 5-6 The Iqbal Company or Georgia had a FUTA taxable payroll ct $215,600 andSUTA taxable payroll of $255,700 with a 5.6 percent SUTA tax rate The company would pay unemployment taxes or FUTA S215,600 x 0,006 $1,293.60 SUTA s255,700 0.056- $14,319.20 TOTAL TAXES 515,612.80 The partnership of Keenan and Kludlow paid the followng wages during this year: M. Kecnan (partner) S. Kludlow (partner) N. Perry (supervisor) T. Lee (factory worker) R. Rolf (factory worker) D. Broch (factory worker) S. Ruiz (ookkeeper) C. Rudolph (malntenance) In addition, the partnership owed $300 to Rudolph for work he performed during December. However, payment Tor this work will not be made until January or the rollowing year. The state unemplcyment tax rate ror the company is 2.95% on the first S9,000 of each employee's earnings, Corn pute the following: Round your answers to the nearest cent. a. Net FUTA tax for the partnershlp for this year $114,500 102,000 53,100 36,400 26,400 6,300 26,300 5,000 b. SUTA tax for thils year