PSA Calculate FUTA and SUTA Tax
For each circumstances, calculate both the FUTA and SUTA 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. pay period, these employees earn $ and $ respectively. The SUTA tax rate is and the US Virgin Islands SUTA threshold is $
FUTA tax $
SUTA tax current pay period, these employees eam $$ and $ respectively. The SUTA tax rate is and the New Jersey SUTA threshold is $
FUTA tax
SUTAtax period, these employees earn $ and $ respectively. The SUTA tax rate is and the Ohio SUTA threshold is $
FUTA tax $
SUTA tax s current pay period, these employees earn $$ and $ respectively. The applicable SUTA tax rate is and the Alaska $ UTA threshold is $
FUTA tax$
SUTA tax
