A company's employer payroll tax rates are 0.6% for federal unemployment taxes, 5.4% for state unemployment taxes, 6.2% for FICA social security taxes on earnings up to $128,400, and 1.45% for FICA...

Extracted text: A company's employer payroll tax rates are 0.6% for federal unemployment taxes, 5.4% for state unemployment taxes, 6.2% for FICA social security taxes on earnings up to $128,400, and 1.45% for FICA Medicare taxes on all earnings. Compute the W-2 Wage and Tax Statement information required below for one of the following employees: Gross Eamings Employee Withheld A. Baylor. C. Jasmine, Federal Income Taxes $114,000 52,000 $17,600 8,200 A. Baylor C. Jasmine W-2 Information: Federal Income Tax Withheld Wages, Tips, Other Compensation. Social Security Tax Withheld. Social Security Wages.. Medicare Tax Withheld. Medicare Wages.