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Garrison shops had a suta tax rate

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Reference no: EM13913843

Garrison Shops had a SUTA tax rate of 2.7%. The state's taxable limit was $8,000 of each employee's earnings. For the year, Garrison Shops had FUTA taxable wages of $77,900 and SUTA taxable wages of $93,900.

Compute:

a. Net FUTA tax . . . . . . . . . . . . . . . $ _______________
b. Net SUTA tax . . . . . . . . . . . . . . . $ _______________

Reference no: EM13913843

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