Prompt Title: WA State Health Insurance.

Assuming you have four employees who each earn the Washington State minimum wage of $13.69 per hour and work 40 hours per week, their gross pay per week would be:

$13.69 per hour x 40 hours per week = $547.60 per week

Their gross pay for the year would be:

$547.60 per week x 52 weeks per year = $28,451.20 per year

If each employee claims one federal withholding allowance on their W-4 form, their federal income tax withholding for the year would be approximately $1,605 each.

Here are the estimated tax liabilities for each employee:

Unemployment Insurance Tax: Assuming you are a new employer with the standard UI tax rate of 2.67%, your total UI tax liability for all four employees would be:

($28,451.20 x 2.67%) x 4 employees = $3,040.96

Social Security Tax: You are required to withhold 6.2% of each employee's wages for Social Security taxes, up to an annual wage base limit of $147,000 in 2023. Assuming none of your employees earn more than this limit, your total Social Security tax liability for all four employees would be:

($547.60 x 6.2%) x 4 employees x 52 weeks = $5,932.57

Medicare Tax: You are also required to withhold 1.45% of each employee's wages for Medicare taxes, with no annual wage base limit. Your total Medicare tax liability for all four employees would be:

($547.60 x 1.45%) x 4 employees x 52 weeks = $1,598.98

Federal Income Tax: Assuming each employee claims one withholding allowance, the total federal income tax liability for all four employees would be approximately:

($1,605 x 4 employees) = $6,420

Please note that these are estimates based on the information you provided and the current tax rates in Washington state for 2023. The actual tax liabilities may be different based on other factors such as your business's experience rating and any changes to tax laws and regulations. It's always a good idea to consult with a tax professional or payroll specialist to ensure that you are properly calculating and remitting all required taxes and deductions.