Calculate SUTA. Enter your answer below in the Answer Box.

Round your answers to the nearest hundredth, using 2 decimals and cents. For example, enter $100 would be entered as 100.00. Do not use the $ sign.

FICA

The Social Security tax rate is 6.2 percent of earning. Taxable earnings for Social Security are based on the first $142,800.

The Medicare tax rate is 1.45 percent. Taxable earnings for Medicare are based on all earnings.

SUTA

State unemployment tax, 5.4 percent (0.054) on the first $7,000 for each employee.

FUTA

Federal unemployment tax, 0.6 percent (0.006) on the first $7,000 for each employee.

	Earnings			FICA	FUTA & SUTA Calculations
Employee Name	Beginning Earnings (A)	Current Period Earnings (Fill-in from above) (B)	Ending Cumulative Earnings (A+B)	FICA (Social Security & Medicare)	SUTA	FUTA	Total Amount of Payroll Tax to be paid by employer
Jada, T.	42,000	2,000	44,000
Lauren, F.	5,440	760	6,200
William, M.	16,800	731	17,531
Monica B.	17,920	640	18,560