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PSD 5-3 Calculate FUIA lax For each of the following independent circumstances, calculate the FUTA tax owed by the employer: NOTE: For Simplicity, all calculations throughout this exercise, both intermediate and final, should be rounded to two decimal places at each calculation 1: An employer in Cleveland, Ohio, employs two individuals, whose taxable earnings to date (prior to the current pay period) are $5,000 and $12,000. During the current pay period, these employees earn $1,750 and $2.180, respectively. FUTA tax = $ 105.00 X 2: An employer in Nosconset, New York, employs three individuals, whose taxable earnings to date (prior to the current pay period) are $6,900, $1,000, and $24.200. During the current pay period, these employees earn $2,200 1950, and $2,800, respectively FUTA tax $ 0.00 3: An employer in The U.S. Virgin Islands, employs two individuals, whose taxable carings to date (prior to the current pay period) are $8.500, and $3,400 During the current pay period, these employees earn $680 and $675, respectively FUTA tax $ 4: An employer in Cary, North Carolina, employs three individuals, whose taxable earnings to date (prior to the current pay period) are $5,000, $8,900, and $6,600. During the current pay period, these employees earn $960, $1,070, and $020, respectively FUTA tax $ PREVIOUS NEXT SUBMIT ASSIGNMENT
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