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What is the amount of the FUTA tax payment for the fourth quarter? Since the SUTA rates changes are made at the end of each

What is the amount of the FUTA tax payment for the fourth quarter?

Since the SUTA rates changes are made at the end of each year, the available 2019 rates were used for FUTA and SUTA.

Note: For this textbook edition the rate 0.6% was used for the net FUTA tax rate for employers.

The information listed below refers to the employees of Lemonica Company for the year ended December 31, 20--. The wages are separated into the quarters in which they were paid to the individual employees.

Name

Social Security #

1st Qtr.

2nd Qtr.

3rd Qtr.

4th Qtr.

Total

Robert G. Cramer

000-00-0001

$5,800

$5,000

$5,000

$5,200

$21,000

Daniel M. English (Foreman)

000-00-0003

13,000

13,400

13,400

13,400

53,200

Ruth A. Small

000-00-1998

2,000

2,300

2,300

2,400

9,000

Harry B. Klaus

000-00-7413

11,600

11,700

11,700

11,700

46,700

Kenneth N. George (Manager)

000-00-6523

13,600

14,000

14,500

15,000

57,100

Mavis R. Jones

000-00-6789

1,600

1,700

1,700

-0-

5,000

Marshall T. McCoy

000-00-3334

11,400

11,400

-0-

-0-

22,800

Bertram A. Gompers (President)

000-00-1014

24,500

25,000

25,500

26,300

101,300

Arthur S. Rooks

000-00-7277

-0-

700

1,700

1,700

4,100

Mary R. Bastian

000-00-8111

8,000

8,200

8,200

8,200

32,600

Klaus C. Werner

000-00-2623

2,300

2,500

2,500

2,500

9,800

Kathy T. Tyler

000-00-3534

-0-

-0-

11,300

11,700

23,000

Totals

$93,800

$95,900

$97,800

$98,100

$385,600

For 20--, State D's contribution rate for Lemonica Company, based on the experience-rating system of the state, was 2.8% of the first $7,000 of each employee's earnings. The state tax returns are due one month after the end of each calendar quarter. During 20--, the company paid $2,214.80 of contributions to State D's unemployment fund. The president of the company prepares and signs all tax forms. The company uses Magnetic Media UC-2A when completing the form.

Employer's phone number: (613) 555-0029. Employer's State D reporting number: 00596.

Using the forms below, complete the following for 20--. Indicate on each form the date that the form should be electronically submitted and the amount of money that must be paid.

a.What is the date and amount of the FUTA tax payment for the fourth quarter of 20--? State D is not a credit reduction state. Enter date in mm/dd/yyyy format.

Tax Payment:

Date

1/31/20--

Amount

$

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