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    Bri1995's Avatar
    Bri1995 Posts: 4, Reputation: 1
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    #1

    Aug 2, 2011, 11:15 AM
    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
    joypulv's Avatar
    joypulv Posts: 21,591, Reputation: 2941
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    #2

    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's Avatar
    JudyKayTee Posts: 46,503, Reputation: 4600
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    #3

    Aug 2, 2011, 12:14 PM

    I don't think we do homework.
    joypulv's Avatar
    joypulv Posts: 21,591, Reputation: 2941
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    #4

    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's Avatar
    JudyKayTee Posts: 46,503, Reputation: 4600
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    #5

    Aug 2, 2011, 01:02 PM
    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.
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