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Compute the employer share of the taxes

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Question - Joseph Farmer earned $126,800 in 2019 for a company in Kentucky. He is single with one withholding allowance and is paid annually. The FUTA rate in Kentucky for 2019 is 0.6 percent on the first $7,000 of employee wages, and the SUTA rate is 5.4 percent with a wage base of $10,500. Compute the employer's share of the taxes.

Reference no: EM133031153

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