Fusion Global Payroll (US): FUTA Calculating Over The Annual Limit
Last updated on MARCH 28, 2016
Applies to:Oracle Fusion Global Payroll Cloud Service - Version 22.214.171.124.0 and later
Information in this document applies to any platform.
On : 126.96.36.199.0 version, US - United States Legislation
FUTA is being calculated over the yearly taxable gross limit of 7000. The maximum FUTA liability per employee should be $42/year.
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