Due to its experience rating, Ianelli, Inc., is required to pay unemployment tax
ID: 2503503 • Letter: D
Question
Due to its experience rating, Ianelli, Inc., is required to pay unemployment taxes on its payroll as follows: Under SUTA for New Mexico on taxable payroll of $28,000, the contribution rate is 3.9%. Under SUTA for Colorado on taxable payroll of $23,000, the contribution rate is 2.95%. Under SUTA for Utah on taxable payroll of $65,000, the contribution rate is 4.1%. Under FUTA, the taxable payroll is $94,500. Compute the following; round your answers to the nearest cent. a. SUTA taxes paid to New Mexico $ b. SUTA taxes paid to Colorado $ c. SUTA taxes paid to Utah $ d. FUTA taxes paid $Explanation / Answer
a. SUTA taxes paid to New Mexico $ <?xml:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" />
= Taxable Payroll