1:An employer in The U.S. Virgin Islands employs two individuals, whose taxable earnings to date (prior to the current pay period) are $5,100 and $6,900. During the current pay period, these employees earn $1,800 and $2,850, respectively. The applicable SUTA tax rate is 4%, and the U.S. Virgin Islands SUTA threshold is $28,900. FUTA tax = $ SUTA tax = $ 2:An employer in Newark, New Jersey employs three individuals, whose taxable earnings to date (prior to the current pay period) are $28,700, $34,100, and $6,850. During the current pay period, these employees earn $3,800, $2,350, and $1,580, respectively. The applicable SUTA tax rate is 3.4%, and the New Jersey SUTA threshold is $36,200. FUTA tax = $ SUTA tax = $ 3:An employer in Cincinnatti, Ohio employs two individuals, whose taxable earnings to date (prior to the current pay period) are $4,900 and $7,700. During the current pay period, these employees earn $2,800 and $1,900, respectively. The applicable SUTA tax rate is 2.5%, and the Ohio SUTA threshold is $9,000. FUTA tax = $ SUTA tax = $ 4:An employer in Juneau, Alaska employs three individuals, whose taxable earnings to date (prior to the current pay period) are $39,700, $45,100, and $5,200. During the current pay period, these employees earn $3,700, $3,850, and $1,450, respectively. The applicable SUTA tax rate is 2.5%, and the Alaska SUTA threshold is $43,600. FUTA tax = $ SUTA tax = $
1:An employer in The U.S. Virgin Islands employs two individuals, whose taxable earnings to date (prior to the current pay period) are $5,100 and $6,900. During the current pay period, these employees earn $1,800 and $2,850, respectively. The applicable SUTA tax rate is 4%, and the U.S. Virgin Islands SUTA threshold is $28,900. FUTA tax = $ SUTA tax = $ 2:An employer in Newark, New Jersey employs three individuals, whose taxable earnings to date (prior to the current pay period) are $28,700, $34,100, and $6,850. During the current pay period, these employees earn $3,800, $2,350, and $1,580, respectively. The applicable SUTA tax rate is 3.4%, and the New Jersey SUTA threshold is $36,200. FUTA tax = $ SUTA tax = $ 3:An employer in Cincinnatti, Ohio employs two individuals, whose taxable earnings to date (prior to the current pay period) are $4,900 and $7,700. During the current pay period, these employees earn $2,800 and $1,900, respectively. The applicable SUTA tax rate is 2.5%, and the Ohio SUTA threshold is $9,000. FUTA tax = $ SUTA tax = $ 4:An employer in Juneau, Alaska employs three individuals, whose taxable earnings to date (prior to the current pay period) are $39,700, $45,100, and $5,200. During the current pay period, these employees earn $3,700, $3,850, and $1,450, respectively. The applicable SUTA tax rate is 2.5%, and the Alaska SUTA threshold is $43,600. FUTA tax = $ SUTA tax = $
Chapter25: Taxation Of International Transact Ions
Section: Chapter Questions
Problem 29P
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Transcribed Image Text:1:An employer in The U.S. Virgin Islands employs two individuals, whose taxable earnings to date (prior to the current pay
period) are $5,100 and $6,900. During the current pay period, these employees earn $1,800 and $2,850, respectively. The
applicable SUTA tax rate is 4%, and the U.S. Virgin Islands SUTA threshold is $28,900.
FUTA tax = $
SUTA tax = $
2:An employer in Newark, New Jersey employs three individuals, whose taxable earnings to date (prior to the current pay
period) are $28,700, $34,100, and $6,850. During the current pay period, these employees earn $3,800, $2,350, and
$1,580, respectively. The applicable SUTA tax rate is 3.4%, and the New Jersey SUTA threshold is $36,200.
FUTA tax = $
SUTA tax = $
3:An employer in Cincinnatti, Ohio employs two individuals, whose taxable earnings to date (prior to the current pay
period) are $4,900 and $7,700. During the current pay period, these employees earn $2,800 and $1,900, respectively. The
applicable SUTA tax rate is 2.5%, and the Ohio SUTA threshold is $9,000.
FUTA tax = $
SUTA tax = $
4:An employer in Juneau, Alaska employs three individuals, whose taxable earnings to date (prior to the current pay
period) are $39,700, $45,100, and $5,200. During the current pay period, these employees earn $3,700, $3,850, and
$1,450, respectively. The applicable SUTA tax rate is 2.5%, and the Alaska SUTA threshold is $43,600.
FUTA tax = $
SUTA tax = $
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