Ken's earnings for the pay period are $5,200. Prior to this, he has earned a total of $3,000. If the state unemployment tax is 5.4% of the first $7,000 and the federal unemployment tax is 0.6%, how much is the employer's liability for federal unemployment tax? O $0 O $24 $32 $248

Ken's earnings for the pay period are $5,200. Prior to this, he has earned a total of $3,000. If the state unemployment tax is 5.4% of the first $7,000 and the federal unemployment tax is 0.6%, how much is the employer's liability for federal unemployment tax? O $0 O $24 $32 $248

Income Tax Fundamentals 2020

38th Edition

ISBN:9780357391129

Author:WHITTENBURG

Publisher:WHITTENBURG

Chapter9: Payroll, Estimated Payments, And Retirement Plans

Section: Chapter Questions

Problem 16MCQ

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Question

Ken's earnings for the pay period are $5,200. Prior to this, he has earned a total of $3,000. If the state
unemployment tax is 5.4% of the first $7,000 and the federal unemployment tax is 0.6%, how much is the
employer's liability for federal unemployment tax?
$0
$24
$32
$248

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