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In the scenario described here, assignment 1 is an example of
SUTA Tax Rate
The state unemployment tax rate, which employers must pay to fund the state's unemployment insurance program.
Unemployment Taxes
Taxes paid by employers to fund unemployment insurance programs, varying by state and based on the amount of wages paid to employees.
Federal Income Taxes
Taxes levied by the federal government on the annual earnings of individuals, corporations, trusts, and other legal entities.
Withholding Allowances
Amounts exempted from an employee's income tax withholding, directly related to the number of dependents and personal situations.
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