Stones gross pay for the week is 1900 Stones yearto date pay
Stone\'s gross pay for the week is $1,900. Stone\'s year-to date pay is under the limit for OASDI. Assume that the rate for state and federal unemployment compensation taxes is 6% and that Stone\'s year-to-date pay has not yet exceeded the $7,000 cap. What is the amount of state and federal unemployment tax that his employer must record as payroll tax expense and pay to the federal and state governments? wr-to-date pay haseral and sae govemments? O A. $268.19 O B. $114.00 OC. S141.55 O D. $255.55
Solution
answer:
B. 114.00
| Gross Pay | 1900 | |
| state and federal unemployement tax rate | 6% | |
| state and federal unemployement tax | 1900*6% | 114 |
