During 2019, Jordan Company was subject to the Alaska state unemployment tax of 4.2%. The company's...
Homework Answers
1.SUTA tax that Jordan Company would pay to the state of Alaska $
$171,000*4.2/100 = $ 7182
2.Net FUTA tax for 2019 $
Net FUTA Tax rate = 6-4.2 = 1.8%
Tax Payable = 86700*1.8/100 = $ 1561
3.Amount of employees' unemployment tax for 2019
= 7182+1561 = $ 8743
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United States federal law that imposes a federal employer tax used
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Net FUTA tax: Since this is the first pay period of the year,
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