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Use the net FUTA tax rate of 0.6% on the first $7,000 of taxable wages. In the first quarter of the year, Henry Prieto earned
Use the net FUTA tax rate of 0.6% on the first $7,000 of taxable wages.
In the first quarter of the year, Henry Prieto earned $3,000 in wages and reported $2,400 in tips to his employer. How much would the employer's FUTA tax be for the first quarter on Prieto? Round your answer to two decimal places. $fill in the blank 1
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