When calculating the FUTA and SUTA is the calcualation for each performed the same way by means of multiplying the dollar amount by the tax rate?

There is a limit on FUTA and SUTA wages. The taxable wage for FUTA is $7000, so it means, if a person made $8000 in a year, you only tax $7000 of that $8000. Remember, FUTA is federal unemployment tax and only the employer pays it.

SUTA also has a limit, depending which state you're calculating for, the employer only pays taxes up to that taxable limit.

UNDER SUTA FOR ILLINOIS ON TAXABLE PAYROLL OF 28,000,the contribution rate is 3.9% how do you compute this problem

Under futa,the taxable payroll is 94,500

What would be the answer on this question under futa, the taxable payroll is $94,500.00