View Full Version : Futa and suta tax
Bri1995
Aug 2, 2011, 11:15 AM
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
joypulv
Aug 2, 2011, 11:26 AM
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?
JudyKayTee
Aug 2, 2011, 12:14 PM
I don't think we do homework.
joypulv
Aug 2, 2011, 12:59 PM
I made a stab at answering because OP did struggle with the answer in another thread. (And it's in the right category.)
JudyKayTee
Aug 2, 2011, 01:02 PM
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.