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Required information [The following information applies to the questions display

ID: 2544281 • Letter: R

Question

Required information [The following information applies to the questions displayed below] Joseph earned $52,000 in 2016 for a company in Kentucky. He is single with 1 dependent allowance and is paid annually. The FUTA rate in Kentucky for 2016 is 0.6% on the first $7000 of employee wages, and the SUTA rate is 5.4% with a wage base of $10.200. Use the percentage method withholding tables in Appendix C. Required: Compute the employer's share of the taxes. (Round your answers to 2 decimal places.) Federal income tax withholding Social Security tax Medicare tax FUTA ta SUTA tax $ 3,224 00 S 754.00 S 42 00 S 550 80

Explanation / Answer

When FUTA tax and SUTA tax is applicable in that case federal income tax withholding will be zero

Therefore,

Federal income tax withholding = 0

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