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Stella Company will pay payroll tax at the following rates in 2020: Social Security Tax 6.2%.... Medicare Tax 1.45%...FUTA 0.6%......SUTA 5.4% They paid the wages
Stella Company will pay payroll tax at the following rates in 2020: Social Security Tax 6.2%.... Medicare Tax 1.45%...FUTA 0.6%......SUTA 5.4% They paid the wages for a number of employees during the year... Wages subject to Social Security Tax 391,351....Wages subject to FUTA 29.097......Wages subject to SUTA - 29,097....Wages subject to Medicare Tax 404,835 What is the amount of their PAYROLL TAX EXPENSE for the year
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