At the end of the first quarter of 201X, you are asked to determine the FUTA tax liability for Aim.. 1 answer below »
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At the end of the first quarter of 201X, you are asked to determine the FUTA tax liability for Aim Company. The FUTA tax rate is 0.6% on the first $7,000 each employee earns during the year (assuming 13 weeks for the first quarter) and each employee earned the same gross weekly pay for all 13 weeks). Employee _____________________ Gross Pay Per Week W. Duncan ………………………………….$690 S. Ivan ……………………………………….780 V. North……………………………………….560 H. Young…………………………………….430
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