Compute FUTA & SUTA Tax: Payroll: $737,910.00 Wages in Excess of $7,000 Cap $472,120.00 SUTA Rate 2.90%

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Compute FUTA & SUTA Tax:

Payroll: $737,910.00

Wages in Excess of $7,000

Cap $472,120.00

SUTA Rate 2.90%

Gross FUTA Rate FUTA Credit Rate Maximum Credit Allowed

Compute taxes considering FUTA credit:

Taxable Wages Net FUTA Tax Net SUTA Tax Total Unemployment Taxes

Compute using Gross FUTA tax:

Taxable Wages FUTA Tax FUTA Credit Net FUTA Tax Net SUTA Tax Total Unemployment Taxes

Related Book For answer-question

Auditing and Assurance services an integrated approach

ISBN: 978-0132575959

14th Edition

Authors: Alvin a. arens, Randal j. elder, Mark s. Beasley

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Posted Date: Jan 19, 2021 08:51 PM

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Compute FUTA & SUTA Tax: Payroll: $737,910.00 Wages in Excess of $7,000 Cap $472,120.00 SUTA Rate 2.90%

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Auditing and Assurance services an integrated approach

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