Page 283 - Essentials of Payroll: Management and Accounting

ESSENTIALS of Payr oll: Management and Accounting
EXHIBIT 10.5
State Wage Bases Used for State

Unemployment Tax Calculations

New Employee Taxable
Employer Employer Withholding Wage
State Tax Rate Tax Rate Rate Limit Coverage
Alabama 2.7%–6.8% 2.7% None $8,000 Same as federal
Alaska 5.4% (1) 0.5%–1.0% $25,500 Any company paying
1+ employees for
at least a day in
the year
Arizona 5.4% Std 2.7% None $7,000 Same as federal
Arkansas 0.5%–8.4% 3.3% None $9,000 Any company paying
1+ employees for
at least 10 days in
the current or
preceding year
California 0.7%-5.4% 3.4% None $7,000 Any company paying
1+ employees in
the current or
preceding year
Colorado 2.7% Std 2.7% None $10,000 Any company paying
1+ employees for
at least a day in
the year
Connecticut 0.5%–5.4% 2.4% None $15,000 Same as federal
Delaware 5.4% Std 1.8% None $8,500 Same as federal
District of 2.7% Std 2.7% None $9,000 Any company paying
Columbia 1+ employees in
the current year
Florida 0.1%–5.4% 2.7% None $7,000 Same as federal
Georgia 5.4% Std 2.62% None $8,500 Same as federal
Hawaii 0%–5.4% 2.4% None $29,300 Any company paying
1+ employees in
the current year
Idaho 1.5% Std — None $25,700 Any company with
1+ employees in
20 weeks of the
current or
preceding year

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