In the following problems, use the net FUTA tax rate of 0.8% on the first $7,000 of taxable wages. SUTA will be paid on the first 8,500 for ER with no limit for the EE.

Niemann Company has a SUTA tax rate for the ER is 7.1% and .03% for the EE. The taxable payroll for the year for FUTA and SUTA is $82,600. Assume that the total payroll for the year is also $82,600.

1. The amount of FUTA tax for the year is

$660.80

$5,864.60

$5,121.20

$4,460.40

2. The amount of SUTA tax for the ER for the year is

$660.80

$5,121.20

$5,864.60

$4,460.40

3. The amount of SUTA tax deducted from the EE wages would be:

$58.65

$33.04

$24.78

$66.08

4. The amount of FUTA tax before the credit is:

$5,121.20

$4,460.40

$527.00

$459.00

5. The amount of the FUTA tax credit would be:

$5,121.20

$660.80

$527.00

$4,460.40