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.Ted Carman worked for Rivertide Country Club and earned $28,500 during the year.He also worked part time for Harrison Furniture Company and earned $12,400 during the year.The SUTA tax rate for Rivertide Country Club is 4.2% on the first $8,000,and the rate for Harrison Furniture Company is 5.1% on the first $8,000.Calculate the FUTA and SUTA taxes paid by the employers on Carman's earnings.
FUTA
SUTA
a.Riverside
______________
_____________
b.Harrison Furniture Company
______________
_____________
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SUTA
(a)Riverti...
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