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Sheet: Sheet1 Row | column_1 | column_2 | column_3 | column_4 | column_5 | column_6 | column_7 | column_8 | column_9 | column_10 | column_11 | column_12 | column_13 | column_14 | column_15 | column_16 | column_17 | column_18 2 | | Actual FUTA Credit Reductions 2010-2025 | | | | | | | | | | | | | | | | 3 | | | | | | | | | | | | | | | | | | 4 | | Sections 3302(c)(2) and 3302(d)(3) provide that employers in states that have an outstanding balance of advances under Title XII of the Social Security Act at the beginning of January 1 of two | | | | | | | | | | | | | | | | 5 | | or more consecutive years are subject to a reduction in credits otherwise available against the FUTA tax, if all advances are not repaid before November 10 of the taxable year. These credit | | | | | | | | | | | | | | | | 6 | | reductions are made from the regular credit reduction of 5.4%. So, while, employers in states without a further credit reduction will have a FUTA tax rate of .6% (on the first $7,000 of wages | | | | | | | | | | | | | | | | 7 | | paid) for the year, employers in states with a further credit reduction due to an outstanding balance of advances will incur a FUTA tax rate of 0.6% + FUTA credit reduction. | | | | | | | | | | | | | | | | 8 | | In addition, following the third and fifth January 1st with an outstanding Federal advance, employers in those states are potentially subject to additional credit reductions, | | | | | | | | | | | | | | | | 9 | | (FUTA Sections 3302(c)(2)). | | | | | | | | | | | | | | | | 10 | | FUTA Credit Reductions Due to States Having Outstanding Federal Advances | | | | | | | | | | | | | | | | 11 | | | | | | | | | | | | | | | | | | 12 | | State | CY 2010 | CY 2011 | CY 2012 | CY 2013 | CY 2014 | CY 2015 | CY 2016 | CY 2017 | CY 2018 | CY 2019 | CY 2020 | CY 2021 | CY 2022 | CY 2023 | CY 2024 | CY 2025 13 | | Arizona | | | 0.003 | | | | | | | | | | | | | 14 | | Arkansas | | 0.003 | 0.006 | 0.009 | | | | | | | | | | | | 15 | | California | | 0.003 | 0.006 | 0.009 | 1.2%3 | 1.5%3 | 1.8%3 | 2.1%3 | | | | | 0.003 | 0.006 | 0.009 | 1.2%3 16 | | Connecticut | | 0.003 | 0.006 | 0.009 | 1.7%1 | 2.1%1 | | | | | | | 0.003 | | | 17 | | Delaware | | | 0.003 | 0.006 | | | | | | | | | | | | 18 | | Florida | | 0.003 | 0.006 | | | | | | | | | | | | | 19 | | Georgia | | 0.003 | 0.006 | 0.009 | | | | | | | | | | | | 20 | | Illinois | | 0.003 | | | | | | | | | | | 0.003 | | | 21 | | Indiana | 0.003 | 0.006 | 0.009 | 1.2%3 | 1.5%3 | | | | | | | | | | | 22 | | Kentucky | | 0.003 | 0.006 | 0.009 | 1.2%3 | | | | | | | | | | | 23 | | Michigan | 0.006 | 0.009 | | | | | | | | | | | | | | 24 | | Minnesota | | 0.003 | | | | | | | | | | | | | | 25 | | Missouri | | 0.003 | 0.006 | 0.009 | | | | | | | | | | | | 26 | | Nevada | | 0.003 | 0.006 | | | | | | | | | | | | | 27 | | New Jersey | | 0.003 | 0.006 | | | | | | | | | | | | | 28 | | New York | | 0.003 | 0.006 | 0.009 | 1.2%3 | | | | | | | | 0.003 | 0.006 | 0.009 | 29 | | North Carolina | | 0.003 | 0.006 | 0.009 | 1.2%3 | | | | | | | | | | | 30 | | Ohio | | 0.003 | 0.006 | 0.009 | 1.2%3 | 1.5%3 | | | | | | | | | | 31 | | Pennsylvania | | 0.003 | | | | | | | | | | | | | | 32 | | Rhode Island | | 0.003 | 0.006 | 0.009 | | | | | | | | | | | | 33 | | South Carolina | 0.003 | 0.0%2 | 0.0%2 | 0.0%2 | 0.0%2 | | | | | | | | | | | 34 | | Vermont | | | 0.003 | | | | | | | | | | | | | 35 | | Virgin Islands | | 0.003 | 1.5%1 | 1.2%1 | 1.2%3 | 1.5%3 | 1.8%3 | 2.1%3 | 2.4%3 | 2.7%3 | 3.0%3 | 3.3%3 | 3.6%3 | 3.9%3 | 4.2%3 | 4.5%3 36 | | Virginia | | 0.003 | | | | | | | | | | | | | | 37 | | Wisconsin | | 0.003 | 0.006 | 0.009 | | | | | | | | | | | | 38 | | | | | | | | | | | | | | | | | | 39 | | 1 For this year the state was subject to an additional reduction under FUTA, Section 3302(c)(2). | | | | | | | | | | | | | | | | 40 | | 2 For this year the state qualified for Avoidance under FUTA, section 3302(g). | | | | | | | | | | | | | | | | 41 | | 3 For this year the state received credit reduction add-on relief. | | | | | | | | | | | | | | | | 42 | | | | | | | | | | | | | | | | | | 43 | | Any questions concerning payment of FUTA taxes should be directed to the Internal Revenue Service. | | | | | | | | | | | | | | | | 44 | | | | | | | | | | | | | | | | | | 45 | | | | | | | | | | | | | | | | | | 46 | | DOL/ETA/OUI | Division of Fiscal and Actuarial Services | | | | | | | | | | | | | | | 47 | | 2025-12-09T00:00:00 | | | | | | | | | | | | | | | | 48 | | | | | | | | | | | | | | | | | | 49 | | | | | | | | | | | | | | | | | |