Vermont Swimmers has a swimming camp in Woodstock, Vermont. FUTA wages are $13,035.42. Taxable SUTA wages are $15,932.18 on the first $16,100 and experience rating is 5.4%. Michael Phelps has worked for Vermont Swimmers for over 5 years and earns $724.19 per week. Note: Assume Vermont Swimmers remitted their SUTA on time.

For Vermont Swimmers, compute both their total unemployment tax and, if applicable, the amount that would be withheld from Michael Phelps's weekly paycheck.

Employer: Vermont Swimmers
Net FUTA tax	$78.21
SUTA tax rate	$860.34
Total unemployment tax	$938.55

Employee: Michael Phelps	State: VERMONT
Employee unemployment tax	$

Medal Points Compute the FUTA and SUTA taxes for both the employer and employee in the scenario below. Vermont Swimmers has a swimming camp in Woodstock, Vermont. FUTA wages are $13,035.42. Taxable SUTA wages are $15,932.18 on the first $ 16,100 and experience rating is 5.4%. Michael Phelps has worked for Vermont Swimmers for over 5 years and earns $724.19 per week. Note: Assume Vermont Swimmers remitted their SUTA on time. For Vermont Swimmers, compute both their total unemployment tax and, if applicable, the amount that would be withheld from Michael Phelps's weekly paycheck. Note: Round all amounts to the nearest cent. If the answer is zero, enter "O". And use the Practice State SUTA Chart to complete the scenario. Employer: Vermont Swimmers Net FUTA tax 78.21 SUTA tax 860.34 Total unemployment tax 938.55 Employee: Michael Phelps State: Vermont Employee unemployment tax 1,877.10 X Medal Points Neelima incted that Michael Dholne live in Hawaii and he wano of #1 on normaal. The amount of CLITA withhold from hic charly would ha Summary of State Unemployment Compensation Laws (2020) Warning: The provisions of the state laws are subject to change at any time. Contributions (On first $7,000 unless otherwise indicated) Size of Firm (One employee in spec- ified time and/or size of payroll") Benefits (Excluding dependency allowances) Waiting Max. Min. Max. Period per per Duration (weeks) Week Week (weeks) 1 5 26 State Employer Min.-Max. 0.0%-5.6% on first $48,100 HAWAII any time 648 Employee 0.5% of maximum weekly wages of $1,119.44 not to exceed $5.60 per week (disability ins) 0.06% on total wages PENNSYLVANIA 2.3905%-11.0333% on first $10,000** 1 573 35 26 18 weeks or $225 in any quarter MAINE 20 weeks 1 418 71 26 0.06%-5.46% on first $12,000** 0.8%-6.5% on first $16,100 VERMONT 20 weeks 1 498 59 26 WISCONSIN 20 weeks 0.0%-12.0% on first $14,000** none 370 54 26