x Additional Medal Points Pia 01110 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 78.21 Net FUTA tax Check My Work Partially correct Instructions Overview Employer FUTA-SUTA Contributions Employee SUTA Contributions Additionat Mecal Points X Employee: Michael Phelps State: Vermont Employee unemployment tax 938.55 X Medal Points Assume instead that Michael Phelps lives in Hawaii and has wages of $1,200 per week. The amount of SUTA withheld from his check would be 5.60 Feedback Check My Work Partially correct Benefits (Excluding dependency allowances) Waiting Max. Min. Max. Period per per Duration (weeks) Week Week (weeks) 1 648 5 26 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 Size of Firm (One otherwise indicated) employee in spec ified time and/or State size of payroll) Employer Min-Max. Employee HAWAR any time 0.0%-5,6% on first $48,100 0.5% of maximum weekly wages of 1,119.44 not to exceed $5.60 per week (disability ins) PENNSYLVANIA 18 weeks or $225 in 2.3905% -11.0333% on first 510,000 0.06% on total wages any quarter MAINE 20 weeks 0.06%-5.46% on first $12,000** VERMONT 20 weeks 0.8%-6.5% on first $16,100 WISCONSIN 20 weeks 0.0%-12.0% on first $14,000 1 573 35 26 1 71 26 418 498 1 59 26 none 370 54 26 Instructions Overview Employer FUTA-SUTA Contributions Employee SUTA Contributions x CE Ur the first Instructions Additional Medal Points Medal Points TH pu 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 16,100 and experience rating is 5.4%. Michael Phelps has worked for Vermont Swimmers for over 5 years and earns wd $724.19 per week. Note: Assume Vermont Swimmers remitted their SUTA on time. T! For Vermont Swimmers, compute poth 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 Additional Medal Points VI HI www scenario. CU CHUIGE LEHIC 16 LEILICE VIR GUCCG WE compra Employer: Vermont Swimmers Net FUTA tax 78.21 SUTA tax 860.34 Total unemployment tax 938.55 State: Employee: Michael Phelps Vermont Employee unemployment tax 396.71 X Medal Points Instructions Additional Medal Points x X Employee: Michael Phelps State: Vermont TH pu 396.71 X Employee unemployment tax do 5 w UF Medal Points Assume instead that Michael Phelps lives in Hawail and has wages of $1,200 per week. The amount of SUTA withheld from his check would be 5.60 TI Feedback Check My Wors Partially correct 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 Size of Firm (One otherwise indicated) employee in spec ified time and/or State size of payroll") Employer Min.-Max Employee HAWAN 0.0%-5.6% on first $48,100 0.5% of maximum weekly wages of $1,119.44 not to exceed 55.60 per week (disability ins) PENNSYLVANIA 18 weeks or $225 in 2.3905%-11.0333% on first $10,000 0.06% on total wages any quarter MAINE 20 weeks 0.06%-5.46% on first $12.000** VERMONT 20 weeks 0.8%-6.5% on first $16,100 WISCONSIN 20 weeks 0.0%-12.0% on first $14,000 Benefits (Excluding dependency allowances) Waiting Max. Min. Max. Period per per Duration (weeks) Week Week (weeks) 1 648 5 26 any time 1 573 35 26 1 418 71 26 1 498 59 26 none 370 26 54