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Instruction 5-1 Use the Net FUTA Tax Rate of 0.6% on the 0.6

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Instruction 5-1
Use the net FUTA tax rate of 0.6% on the first $7,000 of taxable wages.
Refer to Instruction 5-1 . Michael Mirer worked for Dawson Company for six months this year and earned $11,200. The other six months he earned $6,900 working for McBride Company (a separate company). The amount of FUTA taxes to be paid on Mirer's wages by the two companies is: Instruction 5-1  Use the net FUTA tax rate of 0.6% on the first $7,000 of taxable wages.  Refer to Instruction 5-1 . Michael Mirer worked for Dawson Company for six months this year and earned $11,200. The other six months he earned $6,900 working for McBride Company (a separate company). The amount of FUTA taxes to be paid on Mirer's wages by the two companies is:

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