Bob's earnings during the month of June were $1,100.His earnings for the year prior to June were $15,300.Bob's employer is subject to state unemployment of 2.0% and federal unemployment taxes of 0.6% on the first $7,000.The employer's unemployment payroll tax expense for June is:

Question

Quizplus · Accepted Answer

Bob has already earned $15,300 before June, which exceeds the $7,000 limit for unemployment taxes. Therefore, no additional unemployment taxes are due for June.

Bob's Earnings During the Month of June Were $1,100