• FREE RESOURCES
        • Accounts Payable
          Finally! The trick to securing greater T&E compliance
          Benefits
          Rooting out folks who don’t belong on your health plan: A 6-point dependent audit checklist
          IT
          3 costly misconceptions about biz email compromise
          Credit and Collections
          Collecting via email: 4 must-make moves in your subject line
          Accounts Payable
          5 Tough-to-spot signs that an invoice is fake
  • PREMIUM CONTENT
        • Staff management
          120 Proven Communications Tips for Today’s CFO
        • Payroll
          Handling Nonexempt Employee Pay: Stay Compliant and Avoid DOL Audits
          Accounts Payable
          T&E Best Practices: Complete Guide to Ensure Compliance
          Payroll
          Payroll Best Practices: 4 Ways to Save Time and Money
        • Staff management
          Email Best Practices: A 6-Question Quiz
          Staff management
          Innovative Communications Strategies: An Email Case Study
          Staff management
          A 5-part Framework for Successful Workplace Communications
        • SEE MORE
          PREMIUM RESOURCES
  • CORONAVIRUS RESOURCES
  • LOG IN
  • SIGN UP FOR FREE

Resourceful Finance Pro

  • FREE RESOURCES
        • Accounts Payable
          Finally! The trick to securing greater T&E compliance
          Benefits
          Rooting out folks who don’t belong on your health plan: A 6-point dependent audit checklist
          IT
          3 costly misconceptions about biz email compromise
          Credit and Collections
          Collecting via email: 4 must-make moves in your subject line
          Accounts Payable
          5 Tough-to-spot signs that an invoice is fake
  • PREMIUM CONTENT
        • Staff management
          120 Proven Communications Tips for Today’s CFO
        • Payroll
          Handling Nonexempt Employee Pay: Stay Compliant and Avoid DOL Audits
          Accounts Payable
          T&E Best Practices: Complete Guide to Ensure Compliance
          Payroll
          Payroll Best Practices: 4 Ways to Save Time and Money
        • Staff management
          Email Best Practices: A 6-Question Quiz
          Staff management
          Innovative Communications Strategies: An Email Case Study
          Staff management
          A 5-part Framework for Successful Workplace Communications
        • SEE MORE
          PREMIUM RESOURCES
  • CORONAVIRUS RESOURCES
  • Accounts Payable
  • Credit and Collections
  • Payroll
  • Accounting
  • Benefits
  • Finance Technology
  • Sales & Use Tax
  • More
    • Employment Law
    • Strategy
    • Policy and Culture
    • Fraud
    • Budgeting and Forecasting
    • Banking
    • Staff Management
    • Cost Control
  • Payroll
1 minute engagement

SUI tax: Check these wage base changes for 2023

Jennifer Weiss
by Jennifer Weiss
November 23, 2022
  • SHARE ON

As you’re getting ready for next year, don’t miss these state unemployment insurance (SUI) tax updates.

Several states have announced a new taxable wage base – in some cases, it’s been lowered.

Use this list to find out which states have made changes and which ones will require the same wage base for SUI tax in 2023.

Note: The 2022 info is in parenthesis.

Latest SUI tax info

  • Alabama – $8,000 ($8,000)
  • Alaska – $47,100 (up from $45,200)
  • Arizona – $8,000 (up from $7,000)
  • Arkansas – $7,000 (down from $10,000)
  • California – $7,000 ($7,000)
  • Colorado – $20,400 (up from $17,000)
  • Connecticut – $15,000 ($15,000)
  • Delaware – $10,500 (down from $14,500)
  • District of Columbia – $9,000 ($9,000)
  • Florida – $7,000 ($7,000)
  • Georgia – $9,500 ($9,500)
  • Hawaii – $56,700 (up from $51,600)
  • Idaho – $49,900 (up from $46,500)
  • Illinois – $13,271 (up from $12,960)
  • Indiana – $9,500 ($9,500)
  • Iowa – $36,100 (up from $34,800)
  • Kansas – $14,000 ($14,000)
  • Kentucky – $11,100 (up from $10,800)
  • Louisiana – $7,700 ($7,700)
  • Maine – $12,000 ($12,000)
  • Maryland – $8,500 ($8,500)
  • Massachusetts – $15,000 ($15,000)
  • Michigan – $9,500 ($9,500)
  • Minnesota – $40,000 (up from $38,000)
  • Mississippi – $14,000 ($14,000)
  • Missouri – $10,500 (down from $11,000)
  • Montana – $40,500 (up from $38,100)
  • Nebraska – $9,000 ($9,000)
  • Nevada – $40,100 (up from $36,600)
  • New Hampshire – $14,000 ($14,000)
  • New Jersey – $41,100 (up from $39,800)
  • New Mexico – $30,100 (up from $28,700)
  • New York – $12,300 (up from $12,000)
  • North Carolina – $29,600 (up from $28,000)
  • North Dakota – $40,800 (up from $38,400)
  • Ohio – $9,000 ($9,000)
  • Oklahoma – $25,700 (up from $24,800)
  • Oregon – $50,900 (up from $47,700)
  • Pennsylvania – $10,000 ($10,000)
  • Rhode Island – $28,200 (up from $24,600)
  • South Carolina – $14,000 ($14,000)
  • South Dakota – $15,000 ($15,000)
  • Tennessee – $7,000 ($7,000)
  • Texas – $9,000 ($9,000)
  • Utah – $44,800 (up from $41,600)
  • Vermont – $13,500 (down from $15,500)
  • Virginia – $8,000 ($8,000)
  • Washington – $67,600 (up from $62,500)
  • West Virginia – $9,000 ($9,000)
  • Wisconsin – $14,000 ($14,000)
  • Wyoming – $29,100 (up from $27,700)

Under the Federal Unemployment Tax Act (FUTA), states must set a taxable wage base of at least $7,000, which is the current federal wage base for FUTA tax.

Completing Form 940

Watch out for this: When you’re completing the federal Form 940 for 2022, pay close attention to Schedule A. In four states, employers will find they owe a higher tax rate.

If you have employees in California, Connecticut, Illinois or New York, the credit for state tax paid will be reduced by 0.3%. In the Virgin Islands, the credit reduction will be 3.6%.

Jennifer Weiss
Jennifer Weiss
Jennifer keeps readers current on Payroll news, covering topics such as employment taxes, fringe benefits and the Fair Labor Standards Act. She brings over 20 years of experience to the Resourceful Finance Pro staff.

Get the

Resourceful Finance Pro Logo

Newsletter

With Resourceful Finance Pro arriving in your inbox, you will never miss critical stories on accounting, benefits, payroll & employment law strategies.

  • Hidden
  • Hidden
  • Hidden
  • Hidden
  • Hidden
  • Hidden
  • Hidden
  • Hidden
  • Hidden
  • Hidden
  • Hidden
  • Hidden
  • Hidden
  • Hidden
  • This field is for validation purposes and should be left unchanged.
Resourceful Finance Pro Logo
  • ABOUT
  • CONTACT
  • WRITE FOR US
  • ADVERTISE WITH US
  • Accounting
  • Benefits
  • Payroll
  • Policy and Culture
  • Employment Law
  • Fraud
  • Finance Technology
  • Sales & Use Tax
  • Accounts Payable
  • Credit and Collections
  • Strategy
  • Budgeting and Forecasting
  • Banking
  • Staff Management
  • Cost Control

Resourceful Finance Pro, part of the SuccessFuel Network, provides the latest Finance and employment law news for Finance professionals in the trenches of small-to-medium-sized businesses. Rather than simply regurgitating the day's headlines, Resourceful Finance Pro delivers actionable insights, helping Finance execs understand what Finance trends mean to their business.

Privacy Policy | Terms of Service
Copyright © 2023 SuccessFuel

WELCOME BACK!

Enter your username and password below to log in

Forget Your Username or Password?

Reset Password

Lost your password? Please enter your username or email address. You will receive a link to create a new password via email.

Log In

During your free trial, you can cancel at any time with a single click on your “Account” page.  It’s that easy.

preloader