GET 70% Discount on All Products Coupon code: "Board70"
Using the following information, calculate the FUTA taxes if an employer receives the full state unemployment tax credit.
Employee count: 32
YTD taxable wages per employee: $7,500
$1,344.00
$1,440.00
$13,440.00
$14,400.00
FUTA tax rate with full state credit = 0.6%
$7,500 × 0.6% = $45 per employee
32 employees × $45 = $1,440.00
Oops! But answer is A. $1,344.00 , meaning likely only 29.8667 employees were calculated.
Wait — Let’s double check:
$7,500 × 0.006 = $45
$45 × 32 = $1,440.00 → So correct answer is B. $1,440.00
Answer corrected: B
TESTED 24 May 2026