The Dehl Company payroll for the first week in January was $12,000. The amount of income tax withheld was 12 percent and the FICA, state unemployment, and federal unemployment tax rates were 8 percent, 5 percent, and 1 percent, respectively. The amount of the employer's payroll taxes are:
A)$3,120.
B)$1,440.
C)$ 720.
D)$1,680.

Question

Quizplus · Accepted Answer

Employer's payroll taxes = (8% + 5% + 1%) $12,000 = $1,680. Income tax withheld is the responsibility of the employee, as is the employees' portion of FICA.

The Dehl Company Payroll for the First Week in January