evice Send Ctrl-Alt-Delete df Adobe Reader 3. (8 points) Modesto Company is requ

Question

evice Send Ctrl-Alt-Delete df Adobe Reader 3. (8 points) Modesto Company is required to pay unemployment taxes on its payroll as follows: 1. Under SUTA for IIlinois on taxable wages of $36,000, the contribution rate is 2. 4.2% Under SUTA for Ohio on taxable wages of $87,000, the contribution rate is 29% Under SUTA for Minnesota, on taxable wages of $65,000, the contribution rate is 5.8% Under FUTA, the taxable wages are $72,000. (Ohio is a credit reduction state- 1.596) 3. 4. Compute b. c. SUTA taxes paid to Ohio . SUTA taxes paid the Minnesota. . .. $

Explanation / Answer

a. SUTA taxes paid for Illinois $1,512

b. SUTA taxes paid for Ohio $2,523

c. SUTA taxes paid for Minnesota $3,770

d. Total FUTA taxes paid $931.76

State Taxable wages SUTA Rate Amount Illinois 36000 4.20% 1512 Ohio 87000 2.90% 2523 Minnesota 65000 5.80% 3770

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