Question: Using the information from P5-4B, compute the employers share of the taxes. The FUTA rate in Pennsylvania for 2016 is .6% on the first $7,000

Using the information from P5-4B, compute the employer’s share of the taxes. The FUTA rate in Pennsylvania for 2016 is .6% on the first $7,000 of employee wages, and the SUTA rate is 3.456% with a wage base of $9,500.

Data from P5-4B

Leslie earned $155,000 in 2016 for a company in Pennsylvania. She is single with four dependents and is paid annually. Leslie contributed $3,550 to her 401(k) plan and $2,000 to her Section 125 plan. Employees in Pennsylvania contribute 0.07% of gross pay toward SUTA tax, which has a wage base for 2016 of $9,500. Compute Leslie’s share of the taxes, using the wage bracket tables in Appendix C to determine Federal income tax.

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