Ask Me Help Desk

Ask Me Help Desk (https://www.askmehelpdesk.com/forum.php)
-   Finance & Accounting (https://www.askmehelpdesk.com/forumdisplay.php?f=411)
-   -   Futa and suta tax (https://www.askmehelpdesk.com/showthread.php?t=590740)

  • Aug 2, 2011, 11:15 AM
    Bri1995
    FUTA and SUTA tax
    Garrison SHops had a SUTA tax rate of 2.7%. The states taxable limit was $8,000 of each employees earnings. For the year, Garrison Shops had FUTA taxable wages of $77,900 and SUTA taxable wages $93,900. Compte FUTA and SUTA tax
  • Aug 2, 2011, 11:26 AM
    joypulv
    You need to know how many employees so you can stop at 8K per.
    Does this assume a FUTA rate of .8% based on the 5.4% credit?
  • Aug 2, 2011, 12:14 PM
    JudyKayTee

    I don't think we do homework.
  • Aug 2, 2011, 12:59 PM
    joypulv
    I made a stab at answering because OP did struggle with the answer in another thread. (And it's in the right category.)
  • Aug 2, 2011, 01:02 PM
    JudyKayTee
    Quote:

    Originally Posted by joypulv View Post
    I made a stab at answering because OP did struggle with the answer in another thread. (And it's in the right category.)


    No problem - in fact, I'm not even sure what the policy is. I see simple questions pulled and complicated questions left standing.

  • All times are GMT -7. The time now is 07:28 PM.