Three employees in his carpet cleaning business

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Bailey Plyler has three employees in his carpet cleaning business. The payroll is semimonthly and the employees earn ?$715?, ?$835?, and ?$1 ,005 per pay period. Based on the fact that the employer is required to pay the SUTA? tax, calculate when and in what amounts FUTA tax payments are to be made for the year.

Select the correct choice below and fill in the answer? box(es) within your choice.

A. The year? payment, ?$ must be deposited by March 31.

B. The year? payment, ?$ nothing?, must be deposited by January 31 of the next year.

C. The first? payment, ?$ nothing?, must be deposited by May? 31, and the second? payment, ?$ nothing?, must be deposited by January 31 of the next year.

Reference no: EM131319068

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