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[The following information applies to the questions displayed below.] Joseph Farmer earned $126,800 in 2020 for a company in Kentucky. He is single with one

[The following information applies to the questions displayed below.] Joseph Farmer earned $126,800 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 C and the state information in Appendix D. Manual payroll system is used and Box 2 is not checked. Required: Compute the employer's share of the taxes. (Do not round intermediate calculation. Round your final answer to 2 decimal place Federal income tax withholding Social Security tax Medicare tax FUTA tax SUTA tax $ 583.20 State income tax withholding MARRIED Persons SINGLE Persons If the Adjusted Wage Amount (line 1d) is of the But less at least... than... The tentative Plus this amount to withhold Is... amount that the If the Adjusted Wage Amount (line 1d) Is percentage wage exceeds... at least... But less than... The tentative Plus this amount to withhold is...... of the amount that the percentage wage exceeds... A B C D E A B C D E $0 $992 $0.00 0% $0 $0 $317 $0.00 0% $0 $992 $2,638 $0.00 10% $992 $317 $1,140 $0.00 10% $317 $2,638 $7,679 $164.60 12% $2,638 $1,140 $3,660 $82.30 12% $1,140 $7,679 $15,246 $769.52 22% $7,679 $3,660 $7,444 $384.70 22% $3,660 $15,246 $28,208 $2,434.26 24% $15,246 $7,444 $13,925 $1,217.18 24% $7,444 $28,208 $35,550 $5,545.14 32% $35,550 $52,829 $7,894.58 13 $52,829 $13,942.23 $28,208 $13,925 35% $35,550 $17,596 37% $17,596 $2,772.62 32% $13,925 $43,517 $3,947.34 35% $17,596 $52,829 $43,517 $13,019.69 37% $43,517 QUARTERLY Payroll Period MARRIED Persons SINGLE Persons If the Adjusted Wage Amount (line 1d) is The tentative Plus this of the amount that the If the Adjusted Wage Amount (line 1d) is of the amount But less at least... than... amount to withhold is... percentage wage But less exceeds... at least... than... The tentative Plus this amount to withhold is... that the percentage wage exceeds... A B C D E A B C D E 50 $2,975 $0.00 0% $0 $2,975 $7.913 $7,913 $23,038 $493.80 $23,038 $45,738 $2,308.80 $45,738 $84,625 $7,302.80 $84,625 $106,650 $16,635.68 $106,650 $158,488 $23,683.68 $158,488 $41,826.98 $0.00 10% $2,975 $0 $950 $3,419 12% $7,913 $3,419 $10,981 22% $23,038 $10,981 $22,331 24% $45,738 $22,331 $41,775 32% $84,625 $41.775 $52,788 35% $106,650 $52,788 $130,550 37% $158,488 $130,550 $950 $0.00 0% $0 $0.00 10% $950 $246.90 12% $3,419 $1,154.34 22% $10,981 $3.651.34 24% $22,331 $8,317.90. 32% $41,775 $11.842.06 $39,058.76 35% $52,788 37% $130,550 If the Adjusted Wage Amount (line 1d) is SEMIANNUAL Payroll Period MARRIED Persons SINGLE Persons of the amount If the Adjusted Wage Amount (line 1d) is of the amount i 16 65F State Tax Bracket (Single) Tax Bracket (Married) Marginal Tax Rate $7,703+ $15,406+ 6.625% $11,554+ $23,108+ 6.925% Illinois $0+ $0+ 4.95% Indiana $0+ $0+ 3.23% Iowa $0+ $0+ 0.33% $1,638+ $1,638+ 0.67% $3,276+ $3,276+ 2.25% $6,552+ $6,552+ 4.14% $14,742+ $14,742+ 5.63% $24,570+ $24,570+ 5.96% $32,760+ $32,760+ 6.25% $49,140+ $49,140+ 7.44% $73,710+ $73,710+ 8.53% Kansas $0+ $0+ 3.10% $15,000+ $30,000+ 5.25% $30,000+ $60,000+ 5.70% Kentucky Louisiana $0+ $0+ 5.0% $0+ $0+ 2.0% $12,500+ $25,000+ 4.0% $50,000+ $100,000+ 6.0% Maine $0+ $0+ 5.80% $22,200+ $44,450+ 6.75% $52,600+ $105,200+ 7.15% Maryland $0+ $0+ 2.00% $1,000+ $1,000+ 3.00% $2,000+ $2,000+ 4.00% $3,000+ $3,000+ 4.75% $100,000+ $150,000+ 5.00% $125,000+ $175,000+ 5.25% $150,000+ $225,000+ 5.50% 16

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