Question

In: Accounting

Under the Federal Unemployment Tax Act (FUTA), __________ pay taxes to the __________, which deposit the...

Under the Federal Unemployment Tax Act (FUTA), __________ pay taxes to the __________, which deposit the money into the __________ government’s Unemployment Insurance Fund.

Multiple Choice

  • employees, states, federal

  • employers, states, federal

  • employees, federal government, state

  • employers, federal government, state

Solutions

Expert Solution

Under the Federal Unemployment Tax Act (FUTA), employers pay taxes to the states which deposit the money into the federal government’s Unemployment Insurance Fund.
The responsibility for payment of Federal Unemployment Tax lies with the employer.
employers, states, federal is correct option

ekkarill92 answered 1 year ago
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