Exam 11: Payroll Taxes, Deposits, and Reports

Form ____________________ is often referred to as a withholding statement.

Jerry Little's gross wages as of October 31 were $110,000.He earned gross wages of $4,000 for the pay period ended November 15,2016.Deducted from his paycheck this period,were federal income taxes of $400,state income taxes of $150,social security of 6.2% on the first $113,700 and Medicare tax of 1.45%.State Unemployment Tax is 4%,and Federal Unemployment tax is .6% on the first $7,000 of annual earnings.Calculate the employer payroll income taxes associated with Jerry's November 15 paycheck.