For each of the following independent circumstances, calculate the FUTA tax owed by the employer

An employer in Nesconset, NY employs three individuals, whose taxable earnings to date prior to the current pay period are $ $ and $ During the current pay period, these employees earn $ $ and $ respectively.

FUTA tax $

An employer in The US Virgin Islands employs two individuals, whose taxable earnings to date prior to the current pay period are $ and $ During the current pay period, these employees earn $ and $ respectively.

FUTA tax $

An employer in Cary, NC employs three individuals, whose taxable earnings to date prior to the current pay period are $ $ and $ During the current pay period, these employees earn $ $ and $ respectively.

FUTA tax $

Answer rating: 100% (QA)

To calculate the FUTA Federal Unemployment Tax Act tax owed by the employer we need to determine the taxable earnings for each employee and apply the ... View the full answer