Multiple Choice
The current FUTA tax rate is 0.6%, and the SUTA tax rate is 5.4%. Both taxes are applied to the first $7,000 of an employee's pay.
- Assume that an employee earned total wages of $9,900. What is the amount of total unemployment taxes the employer must pay on this employee's wages?
A) $534.60.
B) $594.00.
C) $0.00.
D) $420.00.
E) $336.00.
Correct Answer:
Verified
Correct Answer:
Verified
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