Concrete Works is a California company with a SUTA tax of 5.2% and a SUTA wage base of $7,000. The employee earnings for the past year are: T. Borek $17,875, G. Hizny $2,250, A. McBean $18,550, C. Triebert $6,950. California, employers pay an Employment Training Tax (ETT) of 0.1% on all wages up to the first $7,000 of wages. What are the employer-share taxes for FUTA, SUTA, ETT(.1%), and FICA for the year? (ignore worker's compensation insurance)

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Quizplus · Accepted Answer

FUTA: $17,875 + $2,250 + $18,550 + $6,950 = $45,625 x 0.6% = $273.75SUTA: $17,875 + $2,250 + $18,550 + $6,950 = $45,625 x 5.2% = $2,366.50ETT: $17,875 + $2,250 + $18,550 + $6,950 = $45,625 x 0.1% = $45.63FICA: $17,875 + $2,250 + $18,550 + $6,950 = $45,625 x 7.65% = $3,473.25Total: $273.75 + $2,366.50 + $45.63 + $3,473.25 = $6,159.13

Concrete Works Is a California Company with a SUTA Tax