The amount of SUTA tax that Ampersand, Inc. will pay for 2021 is $2,193.51. This amount is
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The amount of SUTA tax that Ampersand, Inc. will pay for 2021 is $2,193.51. This amount is calculated by multiplying the SUTA tax rate of 2.5% by the total wages paid to the employees ($512,000.24) during the 2021 calendar year, up to the SUTA wage base of $14,100. Therefore, the SUTA tax that Ampersand, Inc. will pay for 2021 is $2,193.51.
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Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
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