Tanner's gross pay for the week is $980.His yearly pay is under the limit for OASDI.Assume that the rate for state and federal unemployment compensation taxes is 6.2%,and that Tanner's pay year-to-date has previously exceeded the $7,000 cap.What is the amount of state and federal unemployment tax that his employer must record as payroll tax expense and pay to the federal and state governments?

Question

Quizplus · Accepted Answer

Since Tanner's pay year-to-date has already exceeded the $7,000 cap, no additional state and federal unemployment taxes are due for this week.

Tanner's Gross Pay for the Week Is $980