The employer's taxes have been calculated on the Totals row of Taxable Earnings in Chapters 3 and
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Question:
The employer's taxes have been calculated on the Totals row of Taxable Earnings in Chapters 3 and 5 using the following rates:
—OASDI at 6.2% on the first $137,700
—HI at 1.45% on total earnings
—FUTA at 0.6% on the first $7,000
—SUTA at 3.6890% on the first $10,000
Enter the Employer's total payroll taxes for the pay period ending January 8, 20--.
KILEY COMPANY, INC. Taxable Earnings Payroll Taxes | ||||||||
Taxable Earnings | Payroll Taxes | OASDI | HI | FUTA | SUTA | |||
---|---|---|---|---|---|---|---|---|
Totals | $7,544.31 | $ | $467.75 | $109.39 | $45.27 | $278.31 |
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Organic Chemistry structure and function
ISBN: 978-1429204941
6th edition
Authors: K. Peter C. Vollhardt, Neil E. Schore
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