During 2017, Jeff Smallwood worked for two different employers. Until May, he wo

Question

During 2017, Jeff Smallwood worked for two different employers. Until May, he worked for Rowland Construction Company in Ames, Iowa, and earned $22,000. The state unemployment rate for Rowland is 4.6%. He then changed jobs and worked for Ford Improvement Company in Topeka, Kansas, and earned $29,500 for the rest of the year. The state unemployment rate for Ford is 5.1%. Determine the unemployment taxes (FUTA and SUTA) that would be paid by each company. Use Figure 5.1 to determine SUTA caps in Iowa and Kansas a. Rowland Construction Company $ b. Ford Improvement Company

IOWA 20 weeks 0.0%–8.0% on first $28,300 none 431 64 26 KANSAS 20 weeks 0.2%–7.6% on first $14,000** 1 469 117 26

Explanation / Answer

1.Unemployment taxes  that would be paid by the Rowland Construction Company $22,000 * 0.046 = $1012

2. .Unemployment taxes  that would be paid by the Ford Improvement Company$29,500*0.051 = $1479

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