K.Kruse Designs has the following employees:
$$37,500\begin{array}{lc}\text { Employee } & \text { Total Wages Paid } \\\text { David } & \$ 5,000 \\\text { Shannon } & \$ 15,000 \\\text { Don } & \$ 37,500\end{array}$ K.Kruse Designs receives the maximum credit for state unemployment taxes.Calculate the FUTA tax that the employer owes for the year.Assume the employees are paid a regular salary throughout the year.

Question

K.Kruse Designs has the following employees:

$37,500\begin{array}{lc}\text { Employee } & \text { Total Wages Paid } \\\text { David } & \$ 5,000 \\\text { Shannon } & \$ 15,000 \\\text { Don } & \$ 37,500\end{array}

K.Kruse Designs receives the maximum credit for state unemployment taxes.Calculate the FUTA tax that the employer owes for the year.Assume the employees are paid a regular salary throughout the year.

Mary Jean Bunal · Accepted Answer

Final Answer : $114.00

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