Refer to Instruction 5-1.John Gercke is an employee of The Woolson Company.During the first part of the year,he earned $6,800 while working in State A.For the remainder of the year,the company transferred him to State B where he earned $16,500.The Woolson Company's tax rate in State A is 4.2%,and in State B it is 3.15% on the first $7,000.Assuming that reciprocal arrangements exist between the two states,determine the SUTA tax that the company paid to:
a)State A __________.
b)State B __________.
Refer to Instruction 5-1.Aaron Norman earned $24,900 for the year from Marcus Company.The company is subject to a SUTA tax of 4.7% on the first $9,900 of earnings.Determine:
a)the employer's FUTA tax on Norman's earnings __________.
b)the employer's SUTA tax on Norman's earnings __________.
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.
b.Harrison Furniture Company
Refer to Instruction 5-1.Queno Company had FUTA taxable wages of $510,900 during the year.Determine its:
a)gross FUTA tax __________.
b)FUTA tax credits (assuming no penalties)__________.
c)net FUTA tax __________.