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2020 RATES & LIMITS
FICA
Federal Income Tax Withholding
FICA
1. Social Security
- Rate: 6.2%
- Limit: $ 137,700
2. Medicare
- Rate: 1.45%
- No Limit
- Additional 0.9% from wages in excess of $200,000
FUTA
Federal Income Tax Withholding
FICA
- Rate: 6% - 5.4% = 0.6%*
- Limit: $7,000
* Credit of 5.4% is applicable to employers that pay State Unemployment Tax on time each quarter before FUTA is due, and are not a “credit reduction state.” Check your State.
Federal Income Tax Withholding
Federal Income Tax Withholding
Federal Income Tax Withholding
1. Wage Bracket Method
2. Percentage Method
SUI & ETT - CA
CA Income Tax Withholding
SUI & ETT - CA
SDI - CA
CA Income Tax Withholding
SUI & ETT - CA
- Rate: 1%
- Limit: $122,909
CA Income Tax Withholding
CA Income Tax Withholding
CA Income Tax Withholding
1. Wage Bracket Table Method
2. Exact Calculation Method
Payroll Compliance
Employment Taxes
Tax Dates for Small Businesses
Employment Taxes
Regulations
Tax Dates for Small Businesses
Employment Taxes
Tax Dates for Small Businesses
Tax Dates for Small Businesses
Tax Dates for Small Businesses
Electronic Payments:
Withholding Calculator
Tax Dates for Small Businesses
Health Insurance
Withholding Calculator
Withholding Calculator
Withholding Calculator
Withholding Calculator
Withholding Calculator
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