State Unemployment Tax Rate for 2011, 2012
69SUTA Tax Rate 2011
State unemployment tax is a tax that is paid by employers. Employers are required to withhold this money from their employees' pay.
The unemployment tax usually refers to two different kinds of taxes:pay-as-you-earn (PAYE) or pay as you go (PAYG) tax. The amount employers pay can be a fixed amount or proportional to an employee's pay, and employers are responsible to pay this tax from their own funds which are directly related to employing a worker.
SUTA Tax Rate 2011
Different states have different state unemployment tax rates. Employers need to consult their state for their particular requirements regarding state unemployment tax rates and maximum wage base. Here is a link to a page with a link to each State's Government website. Many states require new businesses to use an average starting rate until an employment history is established.
FUTA Tax Rates 2011
Employers must pay State and Federal Unemployment taxes (SUTA and FUTA). The federal unemployment rate is equal to 6.2% of gross compensation, but normally nets to 0.8% because employers are allowed to take a credit up to 5.4% if they pay their state unemployment taxes in full and on time.
Find More Information on FUTA and SUTA Tax Rates for 2011
How do you find your state's specific state unemployment tax rates? You can start at the IRS site and look up state information. This will then take you away from the IRS site and open up a map of the United States. Next, you click on your state and then begin to research your state's website. Sound like a lot of work? Who has the time?
Another State Unemployment Tax Rate Option
Try using the QuickBooks online payroll calculator. Federal & state unemployment withholding taxes are calculated for you. After using the calculator, you can choose to pay employees with their free direct deposit, or you can print checks & stubs on your own printer. Reporting and depositing payroll taxes to the appropriate agency in an accurate and timely manner is vital to your business. Late or inaccurate deposits may result in penalties and interest charges. These complex payroll tax requirements may seem intimidating, but by using the online payroll tax calculator you can simplify this responsibility.
Unemployment tax rates by States: California CA, Colorado CO, Connecticut CT, Delaware DE, District of Columbia DC, Florida FL, Georgia GA, Hawaii H, Idaho ID, Illinois IL, Indiana IN, Iowa IA, Kansas KS, Kentucky KY, Louisiana LA, Maine ME, Maryland MD, Massachusetts MA, Michigan MI, Minnesota MN, Mississippi MS, Missouri MO
Montana MT, Nebraska NE, Nevada NV, New Hampshire NH, New Jersey NJ, New Mexico NM, New York NY, North Carolina NC, North Dakota ND, Ohio OH, Oklahoma OK, Oregon OR, Pennsylvania PA, Rhode Island RI, South Carolina, South Dakota, Tennessee TN, Texas TX, Utah UT, Vermont VT, Virginia VA, Washington WA, West Virginia WV, Wisconsin WI, and Wyoming WY
State Unemployment Tax Rate
vote upvote downshareprintflag
- Useful (11)
- Funny
- Awesome (4)
- Beautiful (2)
- Interesting
Leave Us A Comment - Join the Conversation!Loading...
In the begining of this ingformation under "SUTA Tax Rates 2010" it states that State unemployment tax is a tax that is paid by employers. Employers are required to withhold this money from their employees' pay. I have been told by our local unemployment office that this is not correct. This tax is not withheld from the employees' pay. This is a very misleading statement and needs to be changed!
where can I sign up for direct deposit for my unemployment benefits each week?
Michael Casey 5 months ago
Suta Taxes are contributed by the employer's only and paid up to a specific wage base of $ x,xxx.xx (which varies by state). The individual who said it was withheld from the employees gross wages was mistaken and knows very little about corporate payroll administration. Federal Income Tax Withholding, Social Security and OASDI (6.2% and 1.45%) are withheld (Employees portion), and State Income Tax withheld (if any), and then any voluntary deductions for the employees portion of medical insurance, 401(k), life insurance, and any other deductions. I hope this helps...