JOYCEHARRIS577GO JOYCEHARRIS577GO Business Answered Page 5-33 Compute FUTA & SUTA Tax: Payroll: $737,910.00 Wages in Excess of $7,000 Cap $472,120.00 SUTA Rate 2.90% Gross FUTA Rate FUTA Credit Rate Maximum Credit Allowed Compute taxes considering FUTA credit: Taxable Wages Net FUTA Tax Net SUTA Tax Total Unemployment Taxes Compute using Gross FUTA tax: Taxable Wages FUTA Tax FUTA Credit Net FUTA Tax Net SUTA Tax Total Unemployment Taxes